date:Apr 28, 2016
The Trans-Pacific Partnership (TPP) will create new export opportunities for US dairy exports to Vietnam.
Under the TPP agreement, all of Vietnams tariffs on dairy products (reaching as high as 20%) will be completely eliminated within five years. Tariffs on cheese, milk powder, and whey will be immediately removed.
The USDA referred to Vietnam as one of the fastest-growing markets for U.S. food and agricultural products, with U.S. exports totaling $2.3bn in 2015, a 357% increase from 2007.
Dai