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The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.
On January 11, 2022, the Ministry of Commerce (MOFCOM) of the People’s Republic of China (PRC) announced it will conduct an Expiry Review on the antidumping (AD) and countervailing duty (CVD) measures imposed on U.S.-origin distiller’s dried grains with or without solubles (DDGS).
On December 24, 2021, the State Council Tariff Commission (SCTC) extended the Section 301 retaliatory tariff exclusion period for Sorbitol and other select U.S. commodities.
The U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.
On September 16, 2021 China applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Although faced with institutional obstacles for joining the CPTPP, China-based experts have noted that accession to the CPTPP could quicken economic development and trade liberalization by meeting the agreement's high-standards and progressive requirements.
On November 17, China notified the National Food Safety Standard: Good Manufacturing Practice for Powdered Infant Formula to the WTO SPS Committee.
From August 19, 2021, Japan has expanded market access for U.S.-grown plums to imports of Japanese plums (Prunus salicina) from the United States, in addition to European plums (Prunus domestica) grown in the United States.
The U.S-China Economic and Trade Agreement (Phase One) granted market access for new U.S. horticultural products such as avocadoes, blueberries, and nectarines.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreemen
This report provides data on TRQ allocation and fill rates, together with out-of-quota imports observed during the last fiscal year.
The U.S.-Japan Trade Agreement (USJTA) has been in effect for 17 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021.
The U.S.-Japan Trade Agreement (USJTA) has been in effect for 17 months, however the timing of Japan's fiscal year meant that the agreement entered "Year 3" of implementation on April 1, 2021.