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Japan: Government Supports Freezing Imported Beef Prior to Customs Clearance
January 15, 2021
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On January 1, the Government of Japan introduced a new payment scheme for Japanese importers to postpone customs clearance of imported chilled beef between January 1 and June 30. This announcement comes as U.S. beef imports move closer to tripping a safeguard established under the U.S.-Japan Trade Agreement. If imports surpass the safeguard trigger level, tariffs on U.S. beef would temporarily increase from 25.8 to 38.5 percent.
Japan: Government Supports Freezing Imported Beef Prior to Customs Clearance