In accordance with a 2007 WTO accession agreement Vietnam was to apply a 16.66% tariff on U.S. frozen fry imports by 2012.
Potato industry officials have now confirmed that the Vietnamese government will be applying a 15% tariff on frozen fry imports. Matt Harris, Director of Governmental Affairs with the Washington State Potato Commission, commented on the 15% rate decision.
Today we’re at about a 15% tariff, and we should expect by the 2013 year that that rate should fall to 13%, which is the scheduled rate reduction.
Today we’re at about a 15% tariff, and we should expect by the 2013 year that that rate should fall to 13%, which is the scheduled rate reduction.