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ECONOMY > Trade

Imports of Australian beef soar

  • November 1, 2017
  • , Asahi
  • JMH Summary

Asahi highlighted Ministry of Finance data on foreign beef imports in September, noting that the volume of frozen Australian beef surged by 76% from the previous year, while that of American beef increased by 20.6%. The daily attributed the large difference to the safeguard that has been in place for American beef since August, suspecting that the temporary tariff increase from 38.5% to 50% may have slowed down U.S. beef imports. The article projected that the latest statistic is bound to prompt the Trump administration to renew its calls for Japan to conduct a review of the emergency import restriction mechanism.  

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