U.S. Trade Representative Ambassador Katherine Tai signed a new agreement June 2 with Japan’s Ambassador to the United States Koji Tomita to revise the beef safeguard mechanism under the U.S.-Japan Trade Agreement. This updated agreement will amend the beef safeguard trigger level under the USJTA with a new, three-trigger safeguard mechanism. The agreement was finalized in March 2022, but not signed until this week.
USTR says the amendment will allow U.S. beef exporters to more reliably meet Japan’s growing demand for…
