Oct 7, 2015

Rice growers view TPP with mixed emotions

Japanese rice farmers have expressed mixed reactions to a broad Trans-Pacific Partnership free trade accord that, among other things, would increase imports of foreign rice. Toru Wakui, 67, head of an association of Akitakomachi brand rice farmers in the village of Ogata, Akita Prefecture, ...

Oct 6, 2015

Japan Inc. welcomes TPP agreement as opportunity for growth, reform

Japanese business leaders on Monday hailed the conclusion of a Trans-Pacific Partnership agreement, saying the free trade pact will help boost exports when it comes into effect. “We welcome the broad agreement reached,” Sadayuki Sakakibara, chairman of Japanese Business Federation, commonly known as Keidanren, ...

Oct 6, 2015

From cars to wine, how tariffs will change under TPP

The following is a gist of the main points related to Japan’s trade in the 12-country Trans-Pacific Partnership free trade agreement. Japan will incrementally raise its tariff-free annual import quota for U.S. rice from 50,000 tons to 70,000 tons over 13 years, and for ...