Vietnam Lowers Tariff Rates on US Ag Products

Vietnam announced this month a reduction in its tariff rates on American imports of corn, wheat, and frozen pork.  Ryan LeGrand, president and CEO of the US Grains Council, calls the move very good news for America’s grain producers…

LeGrand says Vietnamese buyers like the consistency and reliability of US corn.  He notes that it takes a lot of hard work on both sides for trade barriers to come down…

US Grains Council president and CEO Ryan LeGrand says their Asian customers traditionally like doing business face-to-face, which meant building that trust was more challenging during the pandemic.  However, with COVID vaccination rates improving and countries around the world reopening, LeGrand says the Council is ramping back up its efforts to find more markets for US grains.