United States beef shipments to Japan may drop after the largest Asian buyer inked this week a deal with Australia to begin reducing import tariffs as early as next year, the Japanese agriculture ministry said. Read full article
A good deal all round. Cheaper beef for the Japs, cheaper rice-burners for us, and anything that could reduce our dependence on live cattle exports is a good thing.
On the other hand, after 15 yrs, there will still be a 19.5% tariff. That is a very limited definition of 'free trade'.
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Disclaimer & comment rulesFree trade FTW!
Apr 11th, 2014 - 09:32 am - Link - Report abuse 0A good deal all round. Cheaper beef for the Japs, cheaper rice-burners for us, and anything that could reduce our dependence on live cattle exports is a good thing.
Apr 12th, 2014 - 04:30 am - Link - Report abuse 0On the other hand, after 15 yrs, there will still be a 19.5% tariff. That is a very limited definition of 'free trade'.
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