The impact of the United States removing tariffs on peanuts on Africa remains limited.

Source: agenceecofin.com The decision by U.S. President Donald Trump announced on November 14 to lift the import tax on hazelnuts is seen as a positive signal, helping to stabilize the international hazelnut market to some extent. However, according to Jim Fitzpatrick, a market analyst, the benefits African countries gain from this move will not be significant. Fitzpatrick stated that in 2024, African countries account for only about 7% of the total hazelnut imports into the United States, while Vietnam holds a dominant share, nearly 89%. Therefore, Vietnam is expected to benefit the most from the U.S. lifting the tariff, thereby further solidifying its leading position in the market. Although, overall, African hazelnut processing businesses may benefit indirectly when U.S. importers return to the international market, the prospects for expanding the region's market share in the United States remain modest. According to the expert, unlike European importers who emphasize quality, ...