TOKYO -- The Japanese government has decided not to change the conditions for introducing safeguard tariffs on beef imports, holding on to a bargaining chip that could be used in coming trade talks with the U.S.
Under the current safeguard rules for beef, tariffs automatically shoot up to 50% from 38.5% if the quarterly import volume exceeds the year-earlier figure by more than 17%. The higher tariffs then last through the following March, the end of Japan's fiscal year.
.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
