US TOBACCO LEAF DEMAND REMAINS HIGH, DESPITE MOVE AWAY FROM SMOKED PRODUCTS
February 11th, 2023
Demand for US tobacco leaf is projected to remain robust, despite increased reluctance to use smoked products (worsened by concerns about respiratory disease prompted by Covid-19) and the ongoing China–US trade war launched by former US President Donald Trump.
Tobacco leaf was one of the Chinese export products hit by punitive US import duties of 25% imposed during 2019, with China responding in kind with additional 10% and 25% duties levied on US exports of tobacco leaf to China.
Despite this demand for American raw tobacco leaf has remained strong across ...
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