Trump’s tariffs have made coffee more expensive for U.S. consumers. Now, lawmakers are pushing a bipartisan bill to end these tariffs.

The chance is slim, and passing the bill won’t be easy. But let’s see.

In today’s sub-chapter:

Good news may be brewing for coffee lovers, but don’t get your hopes up just yet.

This past Friday, U.S. lawmakers Don Bacon (R-Nebraska) and Ro Khanna (D-California) introduced the bipartisan “No Coffee Tax Act”, which aims to repeal tariffs imposed on coffee products, including roasted and decaffeinated coffee.

Prices for roasted coffee in U.S. stores rose over 21% in August compared to last year. “If you drink coffee every morning, how can you not be mad about that?” Rep. Khanna said, referring to the prices.

The bill has gained bipartisan support, including from Reps. Don Beyer (D-Virginia) and Maggie Goodlander (R-New Hampshire), as well as from the coffee industry and consumer advocates.

Still, the No Coffee Tax Act has a slim chance of becoming law. Even if Congress passes the bill, it still needs President Trump’s signature, and that would mean undoing part of his own trade policy. Even so, the lawmakers hope it starts a wider conversation about tariffs and everyday prices.

⚖️ Trump Administration Defends IEEPA Tariffs at Supreme Court. A 49-page opening brief submitted by the Trump administration argues that IEEPA authorizes the President to impose tariffs as part of regulating imports. Importers must respond by October 20, with oral arguments on November 5.

🇨🇦 Canada Launches USMCA Public Consultation. Canada invites public comments by November 3, 2025, on the U.S.-Mexico-Canada Agreement (USMCA). Input will guide the first joint review in 2026 to ensure the agreement supports Canada’s national priorities and strengthens its economy.

🇨🇭 Swiss Exports to U.S. Plunge After 39% Tariffs. Swiss exports to the US dropped 22.1% in August following Trump's 39% tariffs. Exports to other regions rose, but the US decline was the biggest since 2020. Germany overtook the U.S. as Switzerland's top export market.

On November 5, the Supreme Court is taking up the tariff fight that a lower court already ruled illegal. Seats in the courtroom are limited, and there is an online lottery system for tickets.

If you can’t snag a ticket, would you pay to stream this Pay-Per-View? We would!

Key dates from the Supreme Court’s November Calendar:

Microsoft is raising Xbox console prices in the U.S. for the second time this year as tariffs and higher costs continue to weigh on hardware. Starting October 3:

First, Nintendo said the Switch 2 wouldn’t be cheap, and now, Xbox is costing the average American about 8 days’ wages to pay for it. Oops, the origin country is not paying the tariffs; the U.S. consumer is.

“Tariffs went up by the elevator and they come down by the stairs”.

At the 51st ITFA Conference in Singapore, Craig Weeks of Bankers Association for Finance and Trade (BAFT) breaks down how tariffs affect banks, supply chains, and SMEs worldwide.

Craig highlights that tariffs are hard to unwind once governments get used to the revenue. This pushes countries to reconsider and realign their economic partnerships. For businesses, long-term strategy has been compressed into two-week tactical moves, while banks face growing exposure to tariff evasion, fraud, and unclear compliance obligations.

Learn more on Trade Finance Talks: Tariffs, Inside and Out.

Did you know U.S. import manifest data, including Bill of Lading (BOL), is public?

Import Genius was one of the first to scrape this data from government sources and build a paid tool around it. ImportYeti, a free data sourcing tool, has changed the game. Its founder, Davi Applegate, came from the eCommerce world. During the COVID downtime, he created Import Yeti as a way to give back to the community that supported him.

If you’re a trade professional, this is a must-try free tool! Explore it here: Import Yeti

PS: You can protect your import data from showing up. Learn how.

World Trade Organization Chief Ngozi Okonjo-Iweala said at the WTO Public Forum that the global trade system is “bent, not broken”.

She pointed to the long-awaited fisheries subsidies deal as proof that countries can still strike agreements despite tensions. She urged WTO members to avoid new tariff escalation, modernize outdated customs and valuation rules, and act quickly to preserve stability while making reforms that keep trade predictable and efficient.

Watch the full panel discussion.

The average salary for trade compliance professionals is on the rise. As of September 17, 2025, the average annual salary for a Director of Global Trade Compliance in the U.S. is $128,297. That’s about $61.68 per hour, $2,467 per week, or $10,691 per month.

Here are a few current openings you might want to check out: