Introduction
When pork imports increase sharply, the Japanese government is geared to implement a special measure for protecting domestic pork producers. This urgent and temporary measure is called a “safeguard.” In the ongoing Trans-Pacific Partnership (TPP) trade negotiations, the Japanese...
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Introduction
On October 5, 2015, the 12 countries participating in the on-going Trans-Pacific Partnership (TPP) negotiations reached a broad agreement at the ministerial meeting in Atlanta U.S.A. During the meeting, Japan promised to reduce tariffs on foreign pork once the agreement comes to...
2014.03.28
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Yoshihisa Godo
Professor, Meiji Gakuin University, Japan
Introduction
Japan is one of the major nations in the global pork industry. Worldwide, Japan is ranked sixth in pork consumption, ninth in pork production, and first in pork imports (note 1). Domestic production contributes...
The United States suspended $817 million in trade preferences granted to Thailand “based on its lack of sufficient progress [in] providing the United States with equitable and reasonable market access for pork products,” said the Office of the U.S. trade representative on Sunday. Trade representative Robert Lighthizer said when countries fail to meet the criteria to participate in the General System of Preferences, “we will take action by limiting their preferential duty-free access to the U.S. market.”
According to Lighthizer’s office, Thailand has not provided reasonable access for U.S. pork products despite 12 years of discussions. The loss of GSP eligibility will affect one-sixth of Thailand’s trade with the United States and will take effect on Dec 30.
Read more here.