Us Japan Trade Agreement Beef

“Japan is the number one export market for U.S. beef, and for many years one of the NCBA`s top priorities has been to eliminate the tariff and non-tariff barriers that have prevented U.S. beef producers from meeting Japanese consumer demand for safe, quality U.S. beef,” she said. Under the USJTA, Japan has accelerated and adapted its tariff reduction plan, allowing imports of affected U.S. agricultural products to benefit from the same market access as imports from CPTPP countries (Williams, Cimino-Isaacs and Regmi, 2019) (see Table 1). For example, the USJTA reduces Japanese tariffs on U.S. imports of chilled and frozen beef to 26.6% in 2019 and 9% in 2033, while CPTPP lowers Japanese tariffs on imports of chilled and frozen beef from member states to 27.5% in 2018, 26.6% in 2019 and 9% in 2033 (Williams, Cimino-Isaacs and Regmi, 2019). Due to delays in the USJTA negotiations, Japan granted in 2018 and 2019 to large US companies preferential market access treatment under the CPTPP. competitors in the Japanese market, including Australia, Canada and New Zealand. U.S. Meat Export Federation.

2018. Estimates of losses incurred by the U.S. beef industry as a result of Japan`s implementation of preferential trade agreements with major U.S. competitors. Denver, CO: U.S. Meat Export Federation. Available online: “I applaud Japan`s swift action to approve these important trade agreements between our two nations, which are the world`s first and third largest economies,” said USTR Robert Lighthizer.

We expect the President to sign the declaration of execution for the United States next week. U.S. Meat Export Federation. 2019a. 2018 record beef exports- Pork export volume just below the 2017 record. Denver, CO: U.S. Meat Export Federation. Available online: In 2018, the United States exported $2.1 billion worth of beef and beef to Japan. Japan is the largest export market for beef from the United States by value. Under the agreement, the United States will benefit from market access conditions equivalent to CP-TPP countries, with tariffs on fresh, chilled and frozen beef reduced from 38.5% to 9% within 15 years.

In addition, Japan will eliminate tariffs on processed beef products, including Jerky beef and meat extracts, of up to 50% within 5 to 15 years. WASHINGTON (Reuters) – The new U.S.-Japan trade deal provides for a gradual reduction in Japanese tariffs on U.S. beef and pork worth more than $2 billion, matching access now granted to the 11 countries of the Trans-Pacific Partnership trade pact, as shown in a text of the agreement. Cislo, C. 2019, February 28, “TPP-11 exporters are gaining ground in the Japanese beef market compared to the United States.” Nikkei Asian Review. Available online: Unique in this agreement, Japan and the United States will work together to agree on the adaptation of the conditions for triggering safeguard measures in two scenarios. . .