Industry News

Courtney Agencies Ltd. provides a weekly industry news update to its clients.

Please click here to receive this update by email.





Customs &
Trade News

August 1, 2017

Japan increases customs tariff on imports of frozen beef

The government of Japan announced that a rise in imports of frozen beef in the first quarter of the Japanese fiscal year (April-June) have triggered a safeguard mechanism, resulting in an automatic increase of Japan's most-favoured nations tariff rate on imports of frozen beef.

Under Japanese law the higher tariffs are automatically imposed if quarterly imports of specific beef products rise more than 17 percent from a year earlier.

The safeguard increase raises the duty rate from 38.5 percent to 50 percent and began on August 1, 2017.

The higher tariff will not affect exporters from countries which have free trade agreements with Japan, such as Australia, Chile and Mexico, but Canadian and U.S. exporters of frozen beef are directly hit by the higher tariff rate.


Transport &
Trade News