According to a recent USDA GAIN report, the US-Japan Trade Agreement (USJTA) entered year five of agreement implementation on April 1, 2023, which means the elimination of tariffs on multiple products with staging categories where tariffs were reduced in four annual increments beginning on April 1 of Year 2 (April 1, 2020). Products where tariffs have been eliminated include processed pork products and bird’s egg yolk. Japan requires that importers make claims for preferential tariff treatment under the USJTA by the time of importation. At the time of import, Japan Customs requires Japanese importers to submit a declaration affirming product origin. In some cases, U.S. exporters may submit supplemental information directly to Japan Customs, however the initial declaration must come from the importer.
Providing quality LRP, PRF & LGM Insurance Coverage!
Wyatt Mohr | LRP Agent
319-576-1807 | wmohr@livestockriskpartners.com