SOUTHERN VIEW, Ill. (WAND) - President Trump's tariffs have affected many businesses, including the automobile industry, breweries, and even wedding dress shops.
However, one place you may not have expected to be affected is your local coffee shop.
Many countries were impacted by President Trump's 10% tariffs, but an additional 10% increase on coffee beans that took effect at the beginning of January has resulted in a total 20% increase for coffee shops.
Many local coffee shops are concerned about their survival in these challenging conditions. One shop in Southern View is determined to maintain its prices for as long as possible.
According to Bree Richardson, the owner of Brezie's Roasted Beans and Gaming, she typically orders up to 12 five-pound bags of coffee each week. With the increase in prices, this could add up quickly.
"I pay a little over $100 for 16 pounds...It started at $86," said Richardson.
Richardson expresses that her primary concern has been the prices of coffee. However, she is also worried about tea prices.
She offers a promotion where customers can purchase any size tea for just $1. If tariffs were to increase further, she would have to raise the price to $2.
To avoid this situation, Richardson is doing everything she can, including absorbing the additional costs through careful planning.
"These added costs between the coffee beans already going up in the beginning of the year and then now a tariff, it's just not things you typically budget for. I did have a small amount in there, just in case. You never know what's going to happen. And especially with coffee beans because they're grown from there. But this is more than what I planned for," said Richardson.Â
Although she prefers not to raise prices, Richardson has a set tariff limit.
"If the tariffs get up to about 25%...25% would probably be where I would have to you know, eventually say I've got to do this, I'm sorry, there's nothing that I can do," said Richardson.Â
Despite other options available, Richardson stated that she prefers not to change suppliers because her customers love the current coffee beans.
"The customers have asked if I plan on doing a price increase, if I plan on changing the beans. Like I said, I don't have any intention of changing the beans we love. And everybody else seems to love the taste that we have. So we want to keep the taste and the quality," said Richardson.
Richardson states she will not adjust her prices unless absolutely necessary. In the meantime, she is doing everything possible to keep her prices low.
"Our customers love our coffee and I don't want to change it on them right now. I don't plan on doing any sort of price increase either. I just generally plan on trying to stay as cost efficient as we can while keeping everything exactly the same," said Richardson.Â
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