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.