The United States and Japan have reached an agreement to increase the beef safeguard trigger level to prevent a higher tariff from being imposed on US beef.
During a call with reporters, Assistant US Trade Representative for Agriculture Affairs and Commodity Policy Julie Callahan says it is a win for both countries.
“It will allow American farmers and ranchers to meet Japan’s growing demand for high quality US beef and will also reduce the probability that Japan will impose higher tariffs on US beef in the future.”
She says they’ve spent a year working on the new safeguard threshold that would require three triggers to be hit before Japan could impose the higher tariff on US beef.
