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ECONOMY > Agriculture

Emergency import restrictions on U.S. beef to be invoked tomorrow

  • March 17, 2021
  • , All national papers
  • JMH Summary

All national dailies wrote that in accordance with the U.S.-Japan trade accord that went into effect in January last year, the GOJ is expected to invoke a safeguard provision on Thursday to limit shipments of U.S. beef. Import tariffs on American products will be raised by 13 points to 38.5% in response to a surge in imports in the past 11 months. The papers wrote that as the higher duties will only be in place for 30 days, the measure’s effects on the restaurant industry and consumers will probably not be extensive.

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