As the import volume of US beef exceeded the standard set by the Japan-US Trade Agreement this year, the government launched a measure called "safeguard" on the 18th to raise tariffs to protect domestic producers. It has announced that it will raise tariffs on American beef from the current 25.8% to 38.5% for 30 days until the 16th of next month.
The US-Japan trade agreement sets the standard for imports of American beef this year at 242,000 tons, but the Ministry of Finance reached 242,229 tons on the 17th, from April last year to 10th this month. It was made.
The government has announced that it will implement a measure called "safeguard" to raise tariffs in order to protect domestic producers after exceeding the standard by 229 tons.
The period is 30 days from the 18th to the 16th of next month, which will raise tariffs on US beef imports from the current 25.8% to 38.5%.
The amount of beef imported into Japan this year is lower than the previous year as a whole due to the influence of the new coronavirus, but the amount of beef produced in Australia is decreasing due to the effects of drought etc., so from the United States Is a form of increased imports.
In response to this situation, the Japanese government will start discussions with the US side within 18 to 10 days regarding the criteria for invoking safeguards from the new fiscal year onward.
The safeguard for beef will be activated for the first time since August 2017, which was implemented under the WTO = World Trade Organization agreement.