NCBA commends signing of US-Japan beef export agreement
The agreement was signed on 3 June
13 June 2022
1 minute read
The National Cattlemen’s Beef Association praised the signing of an agreement between the US and Japan to increase the Beef Safeguard Trigger level under the US-Japan Trade Agreement.
“The agreement signed today underscores the importance of the mutually beneficial relationship between U.S. cattle producers and Japanese consumers, and we are hopeful that the improved safeguard will provide greater certainty for all segments of the supply chain," said NCBA senior director of international trade and market access Kent Bacus. "NCBA thanks Ambassador Tai for her continued efforts to reduce trade barriers and expand export opportunities for American cattle producers."
In March 2021, Japan and the US entered negotiations after record-setting beef exports triggered the safeguard provision of the US-Japan Trade Agreement. Today’s increase in the Beef Safeguard Trigger level will allow American producers to continue exporting high-quality beef to meet Japanese consumer demand.
Japan is a top export market for US beef, accounting for over $2.3 billion in sales in 2021.
