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© KYODOJapan-EU free trade pact to come into force on Feb 1
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© KYODO
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Matt Hartwell
Certainly a useful side development.
Hopefully we will see the next U.S Pres be far more proactive in an overall, multilateral trade agreement with allies while maintaining a bilateral approach to non-allies. That is the best approach I feel.
Tadow Pladow
Unfortunately, in typical Japanese style, the tariff on beef will be cut from 38.5% to 9% over a whopping 15 years. Some cheeses will have no tariffs, but others will be limited to quotas. At the end of the day, I fear this agreement will make the several layers middlemen much richer, while leaving consumers paying probably about the same as we're paying now.
Aly Rustom
Same! Oh and the most important one for me: cheeper BEEF. Beef in Japan is ridiculously expensive.