President Trump has announced that a trade deal between the U.S. and Vietnam has been secured.
The President called it a “great deal of cooperation” between the two countries. Vietnam has agreed to pay the United States 20 percent tariffs on any and all goods and a 40 percent tariff for trans-shipping. In return, Vietnam is giving the United States total access to its markets for trade with no tariffs.
U.S. Secretary of Commerce Howard Lutnick has called the deal a massive win for American businesses and huge for farmers. The deal comes after China has been working towards strengthening trade ties with Vietnam amid tariff disruptions.
Related Stories
USDA Undersecretary Outlines Farm Bridge Assistance Program, Responds to Call for Ag Trade Expansion
USDA Undersecretary Luke Lindberg outlines the Farm Bridge Assistance Program and responds to calls from lawmakers and ag leaders for more assistance and expanded trade opportunities for farmers.
Callahan is no stranger to agricultural trade and has been with the U.S. Trade Representative’s office since 2016.
Record ethanol production, coupled with stronger demand, supports corn use despite tighter margins elsewhere.
A new maritime biofuels coalition aims to position ocean shipping as a significant growth market for U.S. crops and waste-derived fuels.
Transportation access, legal disputes, and fertilizer freight costs will directly influence input pricing and grain movement in 2026.
