Pacific Trade Deal Seen Cutting Japan Food Costs on TariffsBy
Japan agrees to reduce duties on imports of beef, pork
Mitsubishi, Marubeni, Itochu seen to benefit from TPP
Food costs for Japanese consumers, who depend on imports for about 60 percent of what they eat, will decline after the government agreed to lower tariffs on meat and relax some import restrictions on rice and dairy to conclude Pacific trade talks.
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