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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Vietnam to Reduce Tariffs on U.S. Agricultural Products

09/05/2021

Following representations to the U.S. Trade Representative, Amb. Katherine Tai by 70 members of Congress and a visit to Vietnam by Vice President Harris, the Nation has agreed to reduce tariffs on U.S. agricultural products including pork.  Exports of this commodity to Vietnam in 2020 amounted to 25,000 metric tons valued at $54 million.  In 2020 Vietnam imported 147,839 metric tons of broiler products valued at $124 million. For the first seven months of 2021 the Nation received 63,626 metric tons of broiler products valued at $62 million.

 

 

To date the U.S. has been at a disadvantage compared to other exporters based on tariffs.  The U.S. would not have been in a noncompetitive position had our Nation remained in the Trans-Pacific partnership from which the U.S. unilaterally withdrew in 2017.


 
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