Trade Agreements for Japan

Japan has been conducting ongoing negotiations since 2012 on a free trade agreement with a comprehensive regional economic partnership with several countries, including: Describes the trade agreements in which this country is involved. Provides resources for U.S. companies to obtain information on the use of these agreements. The United States and Japan have concluded a trade agreement on market access for certain agricultural and industrial products, with the intention of continuing further negotiations on an extended free trade agreement. On October 17, 2019, the United States and Japan concluded a market access agreement for certain agricultural and industrial products. The Japanese legislature approved the agreement on December 5, 2019. Presidential Proclamation 9974 was issued on December 26, 2019, which sets the effective date of January 1, 2020. On the 30th. In December 2019, the Federal Register notice (84 FR 72187) was published to implement the agreement. For more information on sector agreements between the United States and Japan, visit the Department of Commerce`s enforcement and Compliance website.

A list of other trade agreements and EPAs concluded by Japan, as well as those under negotiation, can be found on this link from the Japanese Ministry of Foreign Affairs. On 23 October 2020, Japan and the United Kingdom signed a Comprehensive Economic Partnership Agreement (CEPA). The two governments had previously agreed by videoconference on 11 September on this agreement, largely based on the Economic Partnership Agreement between Japan and the European Union. The trade agreement between Japan and the United Kingdom has not yet been approved by the Japanese Parliament and the British Parliament, which both governments are expected to receive by the end of the year for entry into force on 1 January 2021. A full text of the agreement is available from the Japanese Foreign Office (here) and a summary from the UK government (here). In October 2019, the United States and Japan signed the U.S.-Japan Trade Agreement and the U.S.-Japan Digital Trade Agreement, which entered into effect on January 1, 2020. The U.S.-Japan Confidence Agreement eliminates or lowers tariffs on U.S. agricultural exports worth about $7.2 billion, and the U.S.-Japan Digital Trade Agreement includes high-quality provisions that ensure data can be transferred across borders without restrictions. ensure the protection of consumer privacy and adherence to common principles to address cybersecurity challenges.

promote the effective use of encryption technologies and stimulate digital trade. Notable agreements include the EPA for Japan and the European Union (EU), which entered into force in February 2019. A text of the agreement can be found here. In 2018, Japan and six other countries (Australia, Canada, Mexico, New Zealand, Singapore, Vietnam) signed and ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Four other countries (Brunei, Chile, Malaysia, Peru) are signatories but have not yet ratified the CPTPP. Japan had also concluded Economic Partnership Agreements (EPAs) with these 14 countries, as well as with ASEAN: under the leadership of President Trump, the United States and Japan agreed on the first successes of the negotiations in the areas of market access for certain agricultural and industrial products as well as digital trade. The United States looks forward to further negotiations with Japan for a comprehensive agreement that removes remaining tariff and non-tariff barriers and achieves fairer and more balanced trade. 1. LIBERALIZATION OF MARKET ACCESS BETWEEN THE UNITED STATES AND JAPAN The U.S.-Japan Trade Agreement (USJTA) entered into force on January 1, 2020. In this agreement, Japan committed to providing significant market access to the United States by phasing out most tariffs, imposing significant tariff reductions, or allowing a number of imports at a lower tariff. Once the USJTA is fully implemented, nearly 90 percent of U.S.

food and agricultural products imported into Japan will be duty-free or benefit from preferential tariff access. To receive preferential treatment, a good must be originating and meet all the requirements of the United States-Japan Agreement. Hover over the number of a dispute in the table below to see the title of the dispute. Click the dispute number to go to a page with detailed information about the dispute. On December 31, 2019, U.S. Customs and Border Protection (CBP) issued CSMS Message #41149692. Additional compliance guidelines will be made available as soon as possible. The United States will provide for the elimination or reduction of tariffs on 241 tariff items. Affected agricultural products include perennials and cut flowers, persimmon, green tea, chewing gum and soy sauce. The United States will also reduce or eliminate tariffs on certain industrial products from Japan, such as certain machine tools, fasteners, steam turbines, bicycles, bicycle parts and musical instruments. Annex II to the Agreement sets out the rules of origin used to determine whether a product qualifies for preferential tariff treatment or whether it originates in the Agreement. The product-specific rules (Annex II to the Agreement) specify the degree of change in the tariff classification to which non-originating materials must be subject.

General Note 36 is added to the HTSUS and contains the requirements of the agreement. Links to the text of the U.S.-Japan trade agreement and related documents can be found below. 2. CONCLUSION OF A HIGH-LEVEL DIGITAL TRADE AGREEMENT BETWEEN THE UNITED STATES AND JAPAN Annex 1: Japan`s Tariffs and Tariff Provisions See the EPC Portal for explanations and background information Japan is a full member of the World Trade Organization (WTO). To qualify for preferential tariff treatment under the U.S.-Japan Trade Agreement, the following conditions must be met: Agriculture – Related Provisions of the U.S.-Japan Trade Agreement […].