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Trump's tariff hammer strikes Vietnam, and USA consumers may face more expensive coffee.
① Trump imposes reciprocal tariffs of up to 46% on Vietnamese commodities, ranking among the top with all trade partners in the USA; ② Vietnam is the second largest coffee exporter globally and the third largest coffee supplier to the USA.
Barclays Bank PLC Announces Proposed Change to Index Underlying the IPath Select MLP ETNs
Cocoa Drops as Demand Worries Overshadow Tight Supplies
Supply is in urgent demand, and cocoa inventory has sharply reduced to a historic low.
Due to severe weather and pests, the output from the world's largest cocoa producers, Côte d'Ivoire and Ghana, has significantly declined. The latest data shows that cocoa stocks at the London and New York Exchanges have fallen to historic lows, forcing chocolate manufacturers to seek alternative raw materials to maintain production. In the USA, this year's retail price of chocolate for Valentine's Day is 20% higher than last year.
20-F: Registration statement / Annual report / Transition report
6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]
