Japan reportedly discussing large cuts in its pork and beef tariffs in bilateral negotiations with US government on Trans-Pacific Partnership trade pact
May 5, 2014
(Industry Intelligence Inc.)
– According to an informed source, the Japanese government is reportedly discussing large cuts in its pork and beef tariffs in bilateral negotiations with the U.S. government on the Trans-Pacific Partnership trade pact, The Japan Times reported May 3.
Althought Japan currently imposes a tariff of up to US$4.73 per kilogram on lower-priced pork imports, a new proposal reportedly calls for lowering the levy to around $1.18 soon after the free trade deal would take effect, and eventually to 50 cents over a period of at least 10 years.
The primary source of this article is The Japan Times, Tokyo, Japan, on May 3, 2014. Click here to view the primary source's full version of the article.