Packs of beef imported from Australia at a supermarket

Packs of beef imported from Australia at a supermarket

Tomohiro Ohsumi/Bloomberg

An employee arranges packs of beef imported from Australia at a supermarket in Chiba, Japan. The terms of the agreement will see tariffs on frozen Australian beef eventually cut to 19.5 percent from 38.5 percent and those on Japanese cars, household appliances and electronics abolished, according to a statement from Prime Minister Tony Abbott’s office issued after he met with counterpart Shinzo Abe in Tokyo.