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The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 5 (2023) to Year 7 (2025) of the Agreement.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023. This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 5 (2023) to Year 7 (2025) of the Agreement.
FAS/Tokyo forecasts Japan’s chicken production will rise in 2024 to meet strong demand led by tourist consumption in the foodservice sector. Increased chicken imports are needed to replenish depleted 2023 ending stocks.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
On August 24, the General Administration of Customs of China (GACC) suspended all imports of aquatic products (including edible aquatic animals) from Japan, effective immediately.
Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 7 agricultural chemicals (Buprofezin, Cyflufenamid, Dicloromezotiaz, Dimesulfazet, 1,4-Dimethylnaphthalene, Pydiflumetofen, and Cyfluthrin) for various agricultural commodities.
FAS/Tokyo forecasts a drop in 2024 cattle inventory on greater slaughtering of dairy cows, slower calf production, and no live cattle imports in 2023 and 2024.
Japan’s MY 2022/23 cherry production recovered. FAS/Japan forecasts cherry production will further increase in MY 2023/24 due to favorable weather conditions.
The United Kingdom (UK) and member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the agreement to join the CPTPP in July 2023.
Japan has been dramatically increasing its wood pellet imports for its feed-in tariff (FIT) program, as more large-scale FIT-approved biomass power plants become operational.