USTR Highlights 'Disproportionate' Tariffs in TPP Countries
The Office of the U.S. Trade Representative released on June 2 a brief “report” on tariffs the Trans-Pacific Partnership is likely to reduce and eliminate (here). At the top of the list of tariff barriers, USTR says U.S. exporters face…
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rice tariffs that reach 778 percent in some TPP countries. USTR has negotiated with Japan over TPP rice market access for more than a year without any public breakthrough (see 1505050019). U.S. companies face more than 300 percent tariffs on poultry and 100 percent on footwear, along with a range of other high tariffs. U.S. negotiators recently finished two weeks of TPP negotiations in Guam (see 1505250001), but USTR hasn’t commented on progress.