National Ag News
Japan ups its tariff on frozen beef, US tariff jumps to 50 percent
Jul 28, 2017, 17:09 PM
by
System
The Japanese government has announced tariffs on frozen beef imports will increase dramatically. Rising imports in Japan’s first quarter have triggered a safeguard that will increase tariffs from 38.5 percent to 50 percent on frozen beef products. The tariff only affects exporters from countries that do not have free trade agreements with Japan currently in place, which includes the United States.
Phil Seng, president and CEO of the US Meat Export Federation tells Brownfield the US would not be in this situation had it signed on with the Trans Pacific Partnership.
