Japan: Japan Trade Agreements Affect US Sweetener Confections

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The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement entered into force on December 30, 2018, and a free trade agreement between Japan and the European Union entered into force on February 1, 2019. The two agreements could bring increased market competition for U.S. sugar products as both agreements contain tariff concessions for a range of sugar products, especially lactose. Japan imported approximately $840 million of sugars and sugar confectionary items (which belong to HS codes under chapter 17) in 2017, and the trade value exceeds 1 billion dollars when including other products containing sugar.

Japan: Japan Trade Agreements Affect US Sweetener Confections