Subject: Re: Berkshire and Tariffs
Meanwhile I assume American coffee sellers are actively looking for where in the US they can add coffee plantations, and what pay they will have to offer the workers. e.g., 46% tariffs on beans coming from Vietnam, the biggest single source of robusta for instant coffee. Kona for everyone!

I've read that something like 5% of Starbucks operating expense consists of coffee beans. So even if the price of coffee beans goes up by 50%, that only increases their operating expenses by 2.5%, so a very small price increase (or a small reduction in margin) can cover it.