Japan granted final approval to a deal amending a beef safeguard mechanism under the U.S./Japan trade agreement. The amendment was signed by U.S. Trade Representative Katherine Tai last week.
The change will reduce the probability that U.S. beef could be targeted by Japanese tariffs and ensure farmers and ranchers continue to have access to one of the world’s most dynamic beef markets.
According to the U.S. Trade Representative office, Japan was the second largest beef market for U.S. cattlemen in 2021, totaling $2.4 billion.
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