What Japan's tariff means for U.S. beef
Story Date: 8/10/2017

 

Source: Duane Dailey, MISSOURI RURALIST, 8/9/17


Japan says "Whoa, go slow" on imports of frozen beef from the United States. To safeguard its own beef farmers, Japan raised tariffs on U.S. beef from 38.5% to 50%. "This increases the price of U.S. beef for Japanese consumers," says Scott Brown, University of Missouri livestock economist. "Less foreign consumption increases beef supply here. In turn, that lowers prices all the way back to …"

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