Japan is set to restore tariffs on frozen beef from the United States and other countries to usual levels from April 1, ending a hike put in place eight months earlier to protect domestic producers as an emergency.
Japan says "Whoa, go slow" on imports of frozen beef from the United States. To safeguard their own beef farmers, Japan raised tariffs on U.S. beef from 38.5 to 50 percent.
The U.S. Meat Export Federation (USMEF) said Japan is continuing to buy U.S. beef. Exports to the island country continued to gain momentum in June, with volume up 7 percent and value up 13 percent compared to 2016.
U.S. beef shipments to Japan may drop after the largest Asian buyer agreed with Australia to begin reducing import tariffs as early as next year, Japan’s agriculture ministry said.
