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 were concluded. The upgraded deal stated that Japan shall decrease the agricultural and livestock tariffs on U.S. The food products include cheese, pork ....