EXTERNAL TRADE – US vanilla importers worry about the impact of Trump's new customs measure

Antananarivo, April 9, 8:25 a.m. – "A potentially devastating measure." Daphna Havkin Frenkel, CEO and founder of Bakto Flavors, an American company importing vanilla, is concerned about the impact of the introduction of 47% customs duties on products from Madagascar, including vanilla. She mentions both the consequences on the Malagasy economy and on American companies. In a publication posted on LinkedIn, this American businesswoman indicates …