Facing Obstacles in American & Chinese Markets, Vietnam Turns to New Customers
Recent years have been tough for Vietnam’s seafood industry, especially the basa sector, and the country has run into trouble in its two main markets, the U.S. and China. Its basa exporters used to hope their products could replace tilapia in the American market, but America’s high anti-dumping tariffs have made it difficult to earn any profits in their export to America.
According to statistics from the American government, the tariff on Hung Vuong Group is $3.87/kg USD while it used to be zero. The tariff also rose...
To Read Full Story Login Below.