AreaUnited States of America
Commodity GroupOilseeds, oils and meals
CommodityOils/fats
Date01/04/2021
Policy CategoryTrade
Policy InstrumentBilateral trade agreements
DescriptionThe United States exports of oils and fats to Japan started benefiting from a gradual reduction in tariffs, as the US-Japan Trade Agreement entered its third year of implementation.
NotesUNITED STATES OF AMERICA / JAPAN Bilateral trade agreement: As the US-Japan Trade Agreement entered its third year of implementation on 1 April 2021, the United States export of oils and fats to Japan started benefitting from a gradual reduction in tariffs, which are set to reach zero in 2023.