logo
Yaupon tea, cultivated in Florida, could be poised for growth amid Trump tariffs

Yaupon tea, cultivated in Florida, could be poised for growth amid Trump tariffs

Yahoo3 days ago
The Brief
Yaupon, North America's only native caffeinated plant, is gaining attention as a potential major crop in Florida.
Rising tariffs on tea and coffee imports have created a unique opportunity for domestic yaupon producers.
Yaupon Brothers American Tea Co. is a leading player, with significant growth in direct-to-consumer sales.
CRESCENT CITY, Fla. - Rising tariffs on tea and coffee imports have created a unique opportunity for domestic yaupon producers. Yaupon, North America's only native caffeinated plant, is gaining attention as a potential major crop in Florida.
Yaupon Brothers American Tea Co. is a leading player, with significant growth in direct-to-consumer sales.
Tariff-free tea
The backstory
Rising tariffs on tea and coffee imports have created a unique opportunity for domestic yaupon producers. Yaupon Brothers American Tea Co. grows their own plants and sources from other suppliers. They process the leaves by drying, grinding and packaging them for sale.
CLICK TO DOWNLOAD THE FOX LOCAL APP
The company has seen significant growth, with direct-to-consumer sales increasing by up to 150% year over year.
What we know
Yaupon is a native plant found along the coastal Southeast, from the Carolinas to Texas. It has been consumed by indigenous people for thousands of years as a food, beverage, medicine and sacrament.
Bryon and Kyle White, founders of Yaupon Brothers American Tea Co., have been producing yaupon tea since 2012 in Crescent City, Florida.
'The next big crop in Florida'
What they're saying
"It's sometimes it's crazy to think about how far it's come," Kyle White said. "It's still a lot of work to do. You know, we want to make this the next big crop in Florida, but we're well on our way, I think."
"We're also, again, not incurring those tariffs, so we don't have to pass along price increases from trade problems to consumers," Byron White said. "We don't, we're uniquely, you know, absent from that whole fight."
Could yaupon impact economic growth?
Why you should care
With tariffs on tea and coffee imports raising prices, yaupon offers a domestic alternative without such trade barriers. This could lead to economic growth in regions that cultivate yaupon, potentially making it Florida's next cash crop.
By the numbers
Yaupon Brothers American Tea Co. has seen direct-to-consumer sales grow by up to 150% year over year.
The industry is small but poised for growth, with about a dozen U.S. companies selling yaupon tea.
SIGN-UP FOR FOX 35'S BREAKING NEWS, DAILY NEWS NEWSLETTERS
What's next
The industry is expected to expand, with more companies entering the market and increased consumer interest. Yaupon could become a significant economic driver in Florida, contributing hundreds of millions of dollars annually.
Tariffs continue to increase
Big picture view
On July 9, President Donald Trump announced plans to levy a 50% tariff on all goods imported from Brazil, including coffee, a major supplier to the U.S. This comes after a baseline 10% tariff on most imported goods, including coffee, was implemented in April 2025. The 50% tariff on Brazil is scheduled to begin on Aug. 1.
The Trump administration's trade policies have also affected the tea industry. Previously, Chinese tea imports were subjected to tariffs, which were later adjusted. In April 2025, additional tariffs were added to all Chinese imports, bringing the total tariff on Chinese tea imports to 61.5%.
The Source
This story was written based on information gathered from previous reporting and by FOX 35's Matt Trezza in interviews with the founders of Yaupon Brothers American Tea Co.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Spirit Airlines furloughing 270 pilots, demoting another 140 amid slower schedule
Spirit Airlines furloughing 270 pilots, demoting another 140 amid slower schedule

The Hill

time8 minutes ago

  • The Hill

Spirit Airlines furloughing 270 pilots, demoting another 140 amid slower schedule

Spirit Airlines is furloughing around 270 pilots and demoting another 140 later this year as the budget carrier looks to slim down the workforce and adjust to a slower schedule. 'We are taking necessary steps to ensure we operate as efficiently as possible as part of our efforts to return to profitability. Among these steps, we have made the difficult decision to furlough approximately 270 Pilots, effective Nov. 1, 2025, to better align staffing with our flight schedule,' the airline said in an emailed statement to The Hill on Tuesday. The demotion of approximately 140 captains will take place on Oct. 1. They will downgraded to first officer, according to the Air Line Pilots Association, the largest pilot union in the world, CNBC reported. 'We recognize the weight of this decision and are committed to treating all affected Team Members with compassion and respect during this process,' the airline added. The Florida-based carrier had filed for Chapter 11 bankruptcy protection in November, after failed attempts at merging with other airlines and financial losses. Spirit emerged from bankruptcy in March. Ahead of filing for bankruptcy, Spirit furloughed around 200 pilots in September. 'We know how hard this news hits, and there's no dressing that up. Spirit continues to shrink, and with it, the value of pilot seniority and Spirit careers continues to erode,' Ryan Muller, a captain and the chairman of Spirit's Air Line Pilots Association, said, according to CNBC.

Potential Multi-Year Growth for Saia (SAIA) If Freight Industry Rebounds
Potential Multi-Year Growth for Saia (SAIA) If Freight Industry Rebounds

Yahoo

time37 minutes ago

  • Yahoo

Potential Multi-Year Growth for Saia (SAIA) If Freight Industry Rebounds

The London Company, an investment management company, released 'The London Company SMID Cap Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Following a downturn in Q1, U.S. stocks experienced a double-digit gain in Q2, amid volatility stemming from tariff news. A risk-on rally followed due to a temporary pause in tariff escalations, widespread optimism around enterprise AI, and a healthy earnings outlook. Against this backdrop, the portfolio fell 0.6% (-0.8% net) during the second quarter vs. an 8.6% increase in the Russell 2500 Index. Sector allocation contributed to the fund's performance in the quarter, while stock selection detracted. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, The London Company SMID Cap Strategy highlighted stocks such as Saia, Inc. (NASDAQ:SAIA). Saia, Inc. (NASDAQ:SAIA) is a North America-based transportation company. The one-month return of Saia, Inc. (NASDAQ:SAIA) was 9.19%, and its shares lost 23.58% of their value over the last 52 weeks. On July 28, 2025, Saia, Inc. (NASDAQ:SAIA) stock closed at $323.23 per share, with a market capitalization of $8.61 billion. The London Company SMID Cap Strategy stated the following regarding Saia, Inc. (NASDAQ:SAIA) in its second quarter 2025 investor letter: "Saia, Inc. (NASDAQ:SAIA) – SAIA remained weak this quarter as the lingering 'freight recession' drags on for almost its third year. We remain convicted in our ownership of SAIA due to its solid balance sheet and strong network growth plan. We believe the company could be a multi-year compounder, assuming the freight industry returns to normal demand patterns. A long line of trucks transporting goods across the open road, symbolizing the long-distance transportation services of the company. Saia, Inc. (NASDAQ:SAIA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Saia, Inc. (NASDAQ:SAIA) at the end of the first quarter, compared to 31 in the previous quarter. In the second quarter of 2025, Saia, Inc. (NASDAQ:SAIA) announced revenue of $817 million, marking a 0.7% decrease compared to the same quarter last year. While we acknowledge the potential of Saia, Inc. (NASDAQ:SAIA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Saia, Inc. (NASDAQ:SAIA) and shared Polen US SMID Company Growth Strategy's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.

Carnival Corporation's Q3 2025 Earnings: What to Expect
Carnival Corporation's Q3 2025 Earnings: What to Expect

Yahoo

time2 hours ago

  • Yahoo

Carnival Corporation's Q3 2025 Earnings: What to Expect

Miami, Florida-based Carnival Corporation & plc (CCL) is a cruise company that provides leisure travel services in North America and internationally. With a market cap of $34.7 billion, the company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. CCL is expected to release its Q3 earnings on Monday, Sept. 29. Ahead of its release, analysts project the company to report a profit of $1.31 per share, up 3.2% from $1.27 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters, which is impressive. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect CCL to report EPS of $2, up 40.9% from $1.42 in fiscal 2024. Moreover, its EPS is expected to grow in fiscal 2026, rising 14% year over year to $2.28. Shares of CCL have climbed 72.2% over the past 52 weeks, outperforming both the S&P 500 Index's ($SPX) 17.1% uptick and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 23.9% gain over the same time frame. On Jun. 27, Carnival stock closed up more than 4% after Moody's Corporation (MCO) upgraded Carnival's long-term corporate rating to Ba2 from Ba3. The consensus opinion on CCL stock is highly optimistic, with an overall 'Strong Buy' rating. Out of the 25 analysts covering the stock, opinions include 18 'Strong Buys,' one 'Moderate Buy,' and six 'Holds.' The mean price target of $31.29 indicates a 5.2% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store