Higher Frozen Beef Imports in Japan Trigger Safeguard Duties on US Exports
Exports of frozen beef from the U.S. and other countries to Japan from April 1 to June 30 triggered a duty increase from the current 38.5 percent to 50 percent under a Japanese safeguard mechanism, which will remain in effect…
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through March 31, 2018, the U.S. Meat Export Federation (USMEF) said. Frozen beef imports from the U.S. and other countries were large enough by a margin of 113 metric tons to bring about the increase. “USMEF will work with its partners in Japan to mitigate the impact of the safeguard as much as possible,” USMEF CEO Philip Seng said in a statement. “We will also continue to pursue all opportunities to address the safeguard situation by encouraging the U.S. and Japanese governments to reach a mutually beneficial resolution to this issue.” The 50 percent duty will apply to frozen imports from suppliers that don’t have an economic partnership with Japan, including the U.S., Canada and New Zealand, and excepting Australia, a major U.S. competitor in Japan.