ZIMBABWE’s tobacco and sugar exports to the United States of America (US) are expected to take the heaviest knock from the recently imposed 18 percent tariff by Washington, the African Development Bank (AfDB) has said.Although trade between the two countries remains very minimal, official figures suggest that Zimbabwe’s exports to the US accounted for about…
Tobacco, sugar exports worst hit by US tariffs
The country’s tobacco sector has hit a historic peak, producing a record 354,9 million kilogrammes this year, earning growers more than US$1 billion.