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Once implemented, the agreement will restore the terms of beef and pork in the United States to Japan and reduce tariffs at the same rates as those currently paid by suppliers of the Global and Progressive Partnership (CPTPP) and the European Union under their respective agreements. 10. U.S.-Japan Trade Agreement, Appendix I: Japan`s Tariffs and Customs Provisions, I-B-5-1; Japan has requested ratification by submitting the agreements to its bicameral legislation, the National Parliament. On November 19, 2019, the lower house of Parliament, the House of Representatives, voted on both agreements. On 4 December 2019, the Landtag approved the agreements after adoption by the Council, the House of Lords of the Landtag. In the absence of congressional approval in the United States, President Trump signed the agreements himself on December 26, 2019. Both agreements came into force on January 1, 2020. The Office of the U.S. Trade Representative (USTR) has published several fact sheets on the agreement, including: Japan`s tariffs on cold cuts and frozen beef reductions are reduced from 38.5% to 9% over 15 years.

Tariffs on beef nuts will fall from 12.8% by 2028 to zero and other by-products by 2030. Tariffs on processed beef products will be raised to zero within five to fifteen years, depending on the product. Cooled and frozen beef cuts in the United States are subject to a U.S.-specific annual safeguard clause, which begins at 242,000 mt and is increased according to the schedule described in the USTR beef data sheet. A single safety consultation procedure for the agreement is also included in the beef fact sheet, the safeguard note and the following USMEF slides. 12. General Note 4 (a) (k) in Schedule II of the trade agreement. 9. On October 7, 2019, U.S.

Trade Representative Robert Lighthizer and Japan`s Ambassador to the United States Shinsuke J. Sugiyama signed the final text of the agreement, which puts both countries on track.7 The United States and Japan have entered into a trade agreement on market access for certain agricultural and industrial products, with plans to negotiate for an expanded free trade agreement. On October 17, 2019, the United States and Japan agreed on market access for certain agricultural and industrial products.