US EditionTrade – the First Financial Simulations Related to 15% Tariffs Raise Concerns About a Domino Effect on the Competitiveness of Malagasy Vanilla
Antananarivo, August 1st, 12h50 – A moderate but significant rate. Madagascar, the world's leading vanilla producer with around 65 to 80% of the market, now faces a 15% rate at the entrance to the US market. Vanilla specialists see it as a rate that can re-design the power relations between producers. If Georges Geeraerts, vice-president of the National Vanilla Council (CNV) and president of the Vanilla Exporters Group of Madagascar (GEVM), is c…
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Antananarivo, August 1st, 12h50 – A moderate but significant rate. Madagascar, the world's leading vanilla producer with around 65 to 80% of the market, now faces a 15% rate at the entrance to the US market. Vanilla specialists see it as a rate that can re-design the power relations between producers. If Georges Geeraerts, vice-president of the National Vanilla Council (CNV) and president of the Vanilla Exporters Group of Madagascar (GEVM), is c…
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