Japan’s frozen beef imports during the first quarter (April 1-June 30) of Japan’s 2017-2018 fiscal year, from the United States and other countries covered under Japan’s “safeguard” mechanism, were large enough (by a margin of just 113 metric tons) to trigger an increase in the duty charged on imports of frozen beef from these countries. The rate will increase from 38.5 percent to 50.0 percent for the remainder of the current fiscal year (through March 31, 2018).
USMEF summarized the triggering of the safeguard and its potential impact on U.S. exports and Japanese customers in this news release.
Additional information on Japan’s imports of U.S. beef and possible implications of the safeguard are available in this brief USMEF fact sheet.
The 50 percent tariff on Japan’s frozen beef imports is scheduled to revert to 38.5 percent on April 1, 2018, when the new Japanese fiscal year begins. USMEF will be monitoring quarterly import data closely to determine whether the frozen or chilled safeguard could be triggered at any point this year.
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