Japan Hayashi: Japan won’t do anything to sacrifice agriculture sector in U.S. trade talks | Forexlive

Japan Chief Cabinet Secretary Hayashi:

• Japan won’t do anything to sacrifice agriculture sector in U.S. trade talks

Earlier, Japan farm minister Koizumi:

• will continue to work with various ministries towards maximising Japan’s national interests in the context of trade negotiations with U.S.

Japan Econ Minister Akazawa:

• won’t comment on whether rice is part of U.S. tariff talks
• still exploring if possible to reach trade agreement

The comments come in response to Trump complaining that Japan was not importing American rice:

Japan has an 770,000-ton tariff-free import quota for rice, of which up to 100,000 tons is for staple rice. Beyond this, rice imports are subject to a levy of 341 yen ($2.37) per kilogramme.

Hayashi

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