BUZZ-Starbucks, Dutch Bros gain as US signals tariff cuts on coffee

Reuters

Nov 12, 2025

BUZZ-Starbucks, <a href="https://laohu8.com/S/BROS">Dutch Bros</a> gain as US signals tariff cuts on coffee

** Shares of U.S. coffee chain operators climb after U.S. Treasury Secretary Scott Bessent signals tariff cuts on coffee

** Starbucks SBUX.O up about 3% at $88.95, Dutch Bros BROS.N up 5.3% at $59.01

** Bessent said Americans would see "substantial announcements" in coming days aimed at lowering the prices of products like coffee, bananas and other items not grown in the U.S.

** SBUX said late month its margins took a hit from surging coffee bean costs

** Global prices for raw arabica beans have jumped more than a fifth this year following a 70% surge in 2024, hit by supply snags due to President Donald Trump's 50% tariffs on top grower Brazil as well as climate issues

** Up to last close, Starbucks shares down 3.5% YTD; Dutch Bros up 12% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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Dutch Bros up 12% YTD (Reporting by Tharuniyaa Lakshmi in Bengaluru) ((tharuniyaa@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}