The Japanese government is poised to impose a safeguard measure to protect domestic cattle farmers against foreign beef for the first time in 14 years, in response to a surge in imports of frozen products from the United States, informed sources said Wednesday.
The Japanese government is poised to impose a safeguard measure to protect domestic cattle farmers against foreign beef for the first time in 14 years, in response to a surge in imports of frozen products from the United States, informed sources said Wednesday.
The government is considering invoking the safeguard by raising the tariff rate from 38.5 pct to 50 pct on Tuesday, the first such step against imported beef since August 2003, the sources said.
