Posted on Dec 9, 2016
Japan Ratifies Pacific Trade Pact That Trump Plans to Dump
1.15K
2
2
2
2
0
Interesting they would still ratify iy, maybe some changes in the future to save it? We will see.
Japan Ratifies Pacific Trade Pact That Trump Plans to Dump
Posted from time.com
Japan
United States
International Trade
Donald Trump
Congress
Posted 8 y ago
Responses: 2
0
0
0
Japan only signs trade deals that primarily benefit Japan.
"Japan uses tariff-rate quotas (TRQs) to protect its most sensitive commodities, such as rice and dairy products. The quota is a fixed volume of product. Imports brought in within the quota pay a lower tariff, while imports outside the quota face much higher tariffs, almost all so high that they prohibit trade."
"Japan uses tariff-rate quotas (TRQs) to protect its most sensitive commodities, such as rice and dairy products. The quota is a fixed volume of product. Imports brought in within the quota pay a lower tariff, while imports outside the quota face much higher tariffs, almost all so high that they prohibit trade."
(0)
(0)
0
0
0
Read This Next
Continue with Facebook 
Continue with Google