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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 29, 2025
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
The U.S. is going to be able to export a lot more ethanol to Japan if the country implements a new federal rule published by the country’s Ministry of Economy, Trade, and Industry, according to statements released Friday by the Office of the U.S. Trade Representative and U.S. lobbying groups.
Russia’s repeated claims that the Black Sea Grain Initiative only helps wealthy nations have kept Ukraine on the defensive for months. Now, Ukraine is trying to flip the script on Moscow, with support from the U.S., United Nations, Japan, France, Norway and other countries.
President Joe Biden announced Monday from Tokyo the official launch of his Indo-Pacific Economic Framework, or IPEF, that will so far include Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam.
The U.S. and Japan have reached a deal that would make it less likely that the Japanese safeguard trigger will boost tariffs on U.S. beef, as it has done in the past.
The U.S. lifted its tariffs on steel and aluminum from the European Union and negotiations are underway to do the same for Japan. Now the Biden administration needs to lift the Trump-era tariffs on steel and aluminum from India, says the U.S. Apple Association.
President Joe Biden’s effort to amass partners for challenging China is taking shape, and U.S. Trade Representative Katherine Tai is working to rekindle ties with historical allies such as Japan, the European Union and the United Kingdom while forging new bonds with countries such as India and Vietnam.
