Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.

These tariffs are slated to affect imports from more than 60 countries, including Brazil, India and Japan, and their effects are poised to be borne heavily by U.S. consumers. According to one estimate from the Yale Budget Lab,

The White House's latest tariff announcement targets countries without finalized trade agreements, promising to boost U.S. Treasury funds. However, experts caution that these tariffs could lead to higher consumer prices and inflation.