Japan wants the US to expand imports of Japanese beef under a low-tariff quota to 2000 tonnes from the current level of 200 tonnes annually, as part of the terms for the proposed Trans-Pacific Partnership (TPP), negotiation sources said. Japan exported a total of 1251 tonnes of beef in 2014, of which 153 tonnes was for the US. Tokyo plans to boost total beef exports to 4000 tonnes by 2020.
If the TPP comes into being, Japan would incrementally cut its 38.5% tariff on imports of US beef to as low as 9% over 15 years. The higher export volume could help alleviate the negative impact on local farmers and allow them to gain global recognition for wagyu beef.
(Source – http://www.blackseagrain.net/novosti/japan-calls-on-us-to-expand-beef-imports)