politics

Japan unsuccessful in lifting auto tariffs early in UK trade deal

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You'd think they could say how much the tariffs are. What kind of agricultural access products and problems are there?

9 ( +9 / -0 )

too many words and all of us know NOTHING.

6 ( +7 / -1 )

Looks like swede and rhubarb are back on the menu.

2 ( +2 / -0 )

So wait, this means that they did succeed in lifting the auto tariffs? But initially, they didn’t? That’s interesting, but also a bit confusing. I mean I’m happy they lifted the tariffs, however it was a bit confusing reading the article as to what exactly happened.

3 ( +3 / -0 )

If Japan wants no tariffs on cars straight away, then they should also get rid of them on food imports.

9 ( +9 / -0 )

Brexit means the UK government will be very eager to spin whatever happens as a victory. This will happen if the conditions remain unchanged or even worsen.

2 ( +4 / -2 )

If Japan wants no tariffs on cars straight away, then they should also get rid of them on food imports.

The UK has announced the tariffs it will apply from January 2021, and it includes food imports. So requiring Japan to remove tariffs on food imports in exchange for Britain removing tariffs on car imports - um, how do you see that working?

If you go to this page, you can download the full tariff list as a csv file.

https://www.gov.uk/guidance/uk-tariffs-from-1-january-2021

2 ( +2 / -0 )

Blocks of English cheddar cheese and Atlantic prawns, English apples too.

There is so much that the Japanese would be so happy to have!

1 ( +1 / -0 )

Blocks of English cheddar cheese and Atlantic prawns, English apples too.

There is so much that the Japanese would be so happy to have!

Those can already be exported within the EU-Japan trade agreement, so what do you expect to actually change. It's relatively unlikely that the UK is going to be able to secure better terms with its own trade deal, and it may get worse ones.

No let me be even clearer: the EU deal stipulates that Japan cannot give better terms to other countries than are in the EU deal itself. In any situation where Britain beats what the EU is getting from Japan, Japan must allow those same terms to the EU (and for good measure, Britain cannot gain better terms from the EU than the EU is giving Japan). The relevant section is here:

Where a Party grants a larger or faster tariff reduction, higher quota or any other more favourable treatment than that provided for under this Agreement to a third country based on an international agreement for goods covered by paragraph 3 which affects the balance in the European Union's or Japan's market of such goods, the Parties shall, with a view to ensuring that the other Party obtains at least the same preference, commence such a review within three months of the date of entry into force of the international agreement between the European Union and that third country or between Japan and that third country, and will conduct the review with the aim of concluding it within six months of the same date.

Article 2.8 item 4 (p.23) of the Areement text here:

http://trade.ec.europa.eu/doclib/docs/2018/august/tradoc_157228.pdf

The EU agreement has been in place for about a year or so, and the CPTPP is also in effect. Neither of them has exactly transformed the range or high-quality imported food available in Japan or led to any noticeable reduction in prices as far as I can see. So progress in that direction, if any, will be very slow. Cheese remains protected in Japan through high tariffs, so they're not going to just remove those on UK cheese exports.

https://www.japantimes.co.jp/news/2017/07/07/business/bigger-cut-middlemen-japans-lower-tariffs-eu-cheese-may-not-mean-lower-prices/

1 ( +1 / -0 )

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