Vietnam lowers dairy tariffs, benefiting U.S. exports
Most tariffs on dairy products and ingredients will decrease by 50% or more.
Vietnam signed a decree unilaterally lowering tariffs on key dairy products and ingredients, including skim milk powder, whole milk powder, cheese, milk albumin and protein isolate. The decree goes into effect on July 10, according to the Arlington, Va.-based U.S. Dairy Export Council (USDEC).
Most tariffs on dairy products and ingredients will decrease by 50% or more. USDEC said it received confirmation on May 28 that the decree was officially announced by Vietnam Prime Minister Nguyen Xuan Phuc.