Pacific Trade Deal Seen Cutting Japan Food Costs on Tariffs

  • Japan agrees to reduce duties on imports of beef, pork
  • Mitsubishi, Marubeni, Itochu seen to benefit from TPP

Mint Partners’ Blain Says TPP Is Not the End of the World

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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.