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On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.
On March 4, 2025, the General Administration of Customs of China (GACC) announced it was suspending processing imports of U.S. logs. GACC stated that these suspensions were in response to recent detections of forest pests such as bark beetles and longhorn beetles in U.S. shipments.
Japan opened the public comment for newly developed Japanese Agricultural Standards (JAS) for wood pellet fuel. Comments are due to the Ministry of Agriculture, Forestry and Fisheries by December 9, 2021.
FY2021 agricultural exports reach record levels.
The Philippines' declining production of lumber and other wood products cannot meet the country’s growing demand for residential, commercial, and public construction projects.