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Alberta Beef Industry Hit By Japanese Tariff Hike

Posted August 01, 2017

Under Economic Issues, International Trade Issues

(CBC News)

Alberta beef producers are facing a big tariff hike in Japan and they’re not happy about it.

Japan is imposing temporary tariffs of 50 per cent, up from 38.5 per cent, on imports of frozen beef from Canada and other countries, including the United States, until next March.

The Japanese government says it’s looking to protect its beef farmers from too much foreign competition. It says the volume of the imported frozen beef from the U.S. has exceeded the quota set by World Trade Organization rules. Click here to read more.

Related: Mexico Ratifies Free Trade Agreement with Japan (RTT)