Smith Statement on Japan Raising Tariff on U.S. Beef
Congressman Adrian Smith (R-NE) released the following statement today after Japan announced it will raise its tariff to 50 percent on frozen beef from the U.S. and other countries with which it does not currently have trade agreements.
“U.S. beef producers have already been placed at a competitive disadvantage in the Japanese market due to our country’s inaction on trade,” Smith said. “Australia’s trade agreement with Japan has brought the tariff on its frozen beef down to 27 percent, compared to the nearly 40 percent tariff applied to U.S. beef. Now, with this hike to 50 percent, our producers will face nearly double the tariff as their Australian counterparts.
“We know U.S. beef tastes better, and our efficient producers can meet demand from Japanese consumers if trade barriers are removed. We can’t afford to wait any longer to work on a bilateral agreement with Japan, which is why I introduced a resolution in the House to urge the Trump administration to begin the process of establishing a trade agreement with this top trading partner.”
Smith serves on the Ways and Means Committee, which has jurisdiction over trade policy. He introduced H. Res. 236, his resolution calling on the Trump administration to begin the process of establishing a trade agreement with Japan, in March.