TOKYO -- The Japanese government will roll out a package aimed at helping farmers take full advantage of the coming bilateral trade deal with the U.S. and supporting those who might be hurt by a flood of cheaper imports.
The Japan-U.S. trade deal is described as an initial phase of a broader agreement and is set to go into effect in January. To take advantage of the higher amount of Japanese beef exports eligible for reduced tariffs under the agreement, the package will provide subsidies to wagyu beef ranchers to help boost cattle counts, including assistance increasing the production of wagyu zygotes for implantation.
