AreaJapan
Commodity GroupGrains
CommodityMaize and Wheat
Date07/10/2019
Policy CategoryTrade
Policy InstrumentTrade agreement
DescriptionSigned the US-Japan Trade Agreement and US-Japan Digital Trade Agreement. The agreements provided for a duty-free country-specific tariff quota of 150 000 for US wheat imports over a 9-year period. The minimum selling price ranges between JPY 8.5 and 9.4 per kg between USD 78.3 and USD 86.6 per tonne (reduced by 45 percent for two categories of wheat products). Similarly, it provided for a country-specific tariff rate quota of 3 250 for US maize starch imports over a 6-year period.