Japan to impose emergency tariffs on US frozen beef

Afp, Tokyo

Japan will raise tariffs on frozen beef from the United States and other countries from next month as an emergency measure due to increasing shipments, the government said.

Tariffs will be raised to 50 percent from the current 38.5 percent on frozen beef from the US, Canada and New Zealand until March next year, according to the finance ministry.

Japan introduces emergency tariffs under the rules of the World Trade Organization (WTO) when the volume of imports grows more than 17 percent on year on a quarterly basis.