Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   

Agricultural News


NAWG Releases Joint Statement with U.S. Wheat on Vietnam Eliminating U.S. Wheat Import Tariff

Tue, 23 Nov 2021 09:12:51 CST

NAWG Releases Joint Statement with U.S. Wheat on Vietnam Eliminating U.S. Wheat Import Tariff On November 15, 2021, the government of Vietnam issued Decree 101/2021/ND-CP, revising its most-favored nation (MFN) tariff rates for corn, wheat and frozen pork. The decree eliminates the MFN tariff on all classes of wheat, lowers the duty on corn from five percent to two percent, and lowers the duty on frozen pork from 15 percent to 10 percent.

The tariff reductions for wheat and corn will enter into force when the decree takes effect on December 30, 2021, while the reduction for frozen pork will enter into force on July 1, 2022.

The decree follows the commitment made by the Vietnamese government when Vice President Kamala Harris visited Hanoi in August 2021. The tariff reductions will give U.S. corn, wheat and pork producers greater access to the Vietnamese market, in line with competitors from countries that have free trade agreements with Vietnam. U.S. exports of corn, wheat and pork to Vietnam were valued at $228 million in 2020.

Additional information about the tariff reductions will be available in an upcoming Global Agricultural Information Network (GAIN) report from the FAS Office of Agricultural Affairs in Hanoi.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Congressman Tom Cole Mourns the Loss of Bob Dole  Sun, 05 Dec 2021 20:20:45 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Sun, 05 Dec 2021 13:23:04 CST
  • Friday, December 3, 2021, Market Wrap-Up with Justin Lewis  Fri, 03 Dec 2021 15:44:47 CST
  • USDA Awards Funds for Fiscal Year 2022 Market Development Programs   Fri, 03 Dec 2021 15:36:46 CST
  • Stabenow, Thune Applaud USDA's Announcement to Give Producers More Flexibility on Prevented Plant Acres  Fri, 03 Dec 2021 15:33:24 CST
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. Friday, December 3, 2021  Fri, 03 Dec 2021 15:31:32 CST
  • Consumers can Cut Utility Bills by Conserving Water at Home  Fri, 03 Dec 2021 15:27:28 CST
  • This Year's Tulsa Farm Show Has New Attractions While Keeping Old Favorites  Fri, 03 Dec 2021 15:17:34 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       
       

    Search OklahomaFarmReport.com

    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.