**Japanese purchases of U.S. beef are about to be subject to a 50% tariff after imports in the three-month period ending June 30 triggered a “safeguard” mechanism.
A Japanese spokesman says imports of frozen beef in its fiscal first quarter exceeded the amount required to trigger the safeguard, as agreed to in the 1994 WTO agreement...
In a White House news conference Friday, President Donald Trump and Japanese Prime Minister Shinzo Abe stressed the importance of improving trade ties between the two countries, a welcome sign for the Ag sector still reeling from the loss of the Trans-Pacific Partnership...