IMPORTED BEEF FROM THE U.S IN JAPAN TO SEE AN EMERGENCY TARIFF HIKE

Highlights –

• Imported beef from the U.S in Japan to see an emergency tariff hike.
• The tariff hike will be imposed starting later this week.
• The tariff is said to jump from 25.8% to 38.5% for a month under a bilateral trade agreement.<...

CHINESE RUMBLINGS LOSING FACE AMIDST AUSTRALIAN COMMONERS PRIDE

• China suddenly is finding itself on shaky grounds with losing face amongst the ordinary Aussies which has plunged from 52 per cent to just 23 per cent within a span of two years.
• The vigorously escalating row between China and Australia holds an important message for India and ...

CHINA IN HOSTILE MOVE ENFORCES ANTI-DUMPING MEASURES ON AUSTRALIAN WINE

• China on Friday said it would enforce anti-dumping measures on Australian wine, in a further escalating of tensions between Beijing and Canberra.
• China — Australia’s biggest trade partner — has threatened economic strike-back since Canberra called for a probe ...

CHINA COMPLAINS STATING US MEDDLING IN TAIWAN ECONOMY

• US announces to further talks on technology industry as Taiwanese president says she will lift ban on American beef and pork imports
• However, Beijing tells Washington to stop official relations in all forms and accuses it of breaking the one-China principle.

B...

AIRLINE CATERING SEEKING NEW VISTAS WITH AIRCRAFTS GROUNDED

• When a store going by the name convenience store CU launched airline-factored ready meals late June, the company said it wanted to soothe frayed nerves, for people couldn’t travel abroad during the coronavirus pandemic.
• However you view airplane food, the idea is not as c...

E COLI SUSPICION IN GROUND BEEF, BATCHES RECALLED FROM ACROSS THE US

Highlights:

• The USDA has called the recall a class 1 recall which means that the consumption of this batch of beef can even turn fatal

• Two brands sell the ground beef from the meat producer: The Marketside Butcher and the Thomas Farms

JAPAN AND KOREA TO RECEIVE BEEF IMPORTS FROM THE U.S

Highlights:

• The U.S beef export volume has remained strong as per USMEF
• The numbers are slightly less as compared to 2018, but the demand continues to be high

The decline in numbers between 2018 and 2019 are being linked to decrease ...

JAPAN’S WAGYU EXPORT INCREASES DUE TO HIGH DEMAND

Highlights:

• Asian countries have increased their demand for the premium beef
• Japan’s 2019 records show highest numbers for beef export in recent years

Wagyu beef is a prime beef produced in Japan. The same has been exported all...

AZERBAIJAN COLLABORATES WITH JAPAN FOR “TASTE OF JAPAN”

Highlights:

• Azerbaijan looks forward to import of food from Japan
• An event “Taste of Japan” was organized to display the cuisine

Japanese cuisine was displayed in the event “Taste of Japan” held in Azerbaijan&...

JAPAN CONSIDERS FINE FOR INTELLECTUAL AND MATERIAL THEFT OF PRIME BEEF

Highlights:

• Japan previously considered laws to prevent theft of fertilized eggs
• Fines to the amount of ¥10 million being considered as punishment for theft

The prime beef of Japan wagyu beef is under threat of being reproduced e...

U.S BEEF’S PRICE IN JAPAN REDUCED POST UPDATED TRADE DEAL

Highlights:

• U.S faced higher tariffs for its beef imports compared to other countries
• The tariff gap was calculated to be nearly 10 per cent

The bilateral trade negotiations going on since September 2019 between Japan and the U.S wer...

JAPANESE WAGYU-BEEF PRICES FALL DUE TO TAX HIKE

Highlights:

• Japan raised its consumption tax in October 2019
• January 2020 recorded a price reduction by 9 per cent as compared to 2019

Wagyu beef is considered prime quality cut in Japan. The consumption tax hike in October saw a res...