Japan: Japan’s Tariff on U.S. Frozen Beef Reverts as Safeguard Resets

On April 1, 2018, Japan’s duty on U.S. frozen beef reverted to 38.5 percent as the special safeguard system reset for the new Japanese fiscal year. Japan had increased the duty to 50 percent in August 2017 after imports of frozen beef exceeded established trigger volumes. Under the terms of its free trade agreement with Japan, Australia was not subject to the safeguard duty as beef tariffs continue to fall as scheduled in the agreement.

Japan: Japan’s Tariff on U.S. Frozen Beef Reverts as Safeguard Resets