Markets and trade
 

Detail

Area
Japan
Commodity Group
Meat
Commodity
Bovine meat
Date
17/03/2021
Policy Category
Trade
Policy Instrument
Import tariff
Description
Announced that imports of US bovine meat surpassed the annual safeguard trigger volume established under the US-Japan Trade Agreement. As a result, tariffs on US bovine meat increased from 25.8 percent to 38.5 percent for 30 days beginning 18 March. The agreement entered Year 3 of implementation on 1 April 2021, which would further reduce applicable tariffs, eventually eliminating them on a staggered basis for selected meat products starting from 2021.