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International relations

Australia tells Japan, 'No renegotiation of TPP beef rules'

Tokyo worries that flood of imports will harm its producers once it has a deal with the U.S.

Australia enjoys a large quota of beef exports to Japan before safeguard tariffs kick in, and it wants to preserve that even after Washington inks a trade deal with Tokyo.   © Reuters

TOKYO -- Australia has secured its place as the top beef exporter to Japan, but with Tokyo hashing out a bilateral trade deal with the U.S., another beef powerhouse, Canberra is refusing to renegotiate the terms of the Trans-Pacific Partnership for fear that its cattlemen could lose out.

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