Japan is likely to raise tariffs on frozen beef imports from the United States and some other countries to protect domestic producers against imports, according to local media, pending import data due out on Friday.
Japanese officials confirm rising imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard, resulting in an automatic increase to Japan's tariff rate under the WTO on imports of frozen beef from the U.S.
Japanese officials confirm rising imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard, resulting in an automatic increase to Japan's tariff rate under the WTO
Japan's finance minister said on Tuesday Tokyo would raise the issue of tariffs on frozen beef imports from the United States and other countries in bilateral economic talks with Washington later this year.