Japan: U.S. Ag Faces Headwinds as Japan FTAs Enter Year 2

On April 1, 2019, Japan will apply a second round of tariff cuts to agricultural imports from member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Japan-European Union Economic Partnership Agreement (EPA). Although the competitive impacts on U.S. exports will be felt across much of the U.S. export community over time, impacts will likely be felt for some products more immediately. This report highlights tariff reductions for wheat, beef, pork, and wine.

Japan: U.S. Ag Faces Headwinds as Japan FTAs Enter Year 2