Japan to extend emergency import curb system for beef, pork

posted on December 1, 2015

The Abe administration and ruling camp plan to extend the safeguard import restriction system for beef and pork by one year until the end of March 2017.

The administration will include the extension in its fiscal 2016 tax system reform package, informed sources said Monday.

For beef, for example, Japan applies a special tariff rate of 38.5 percent, instead of the original rate of 50 percent. Under the safeguard system, the rate will be raised back to the original level when imports soar.

source by japantimes
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