What Trump's order mean for vanilla prices, after Madagascar gets hit with 47% tariff

What Trump's order mean for vanilla prices, after Madagascar gets hit with 47% tariff

Baking might just get more expensive.

A deflagration blew over Madagascar. The trade war launched by Washington took the Great Indian Ocean Island totally by surprise.

Antananarivo, April 4, 7:50 a.m. – The Malagasy government says it is ready to respect the spirit of reciprocity desired by the United States of America when its president decided to tax up to 47% of products from Madagascar to the United States. In its statement published on Thursday, the government affirms its willingness to strengthen its economic partnership with the United States in a spirit of mutually beneficial cooperation.The idea is th…