Japan Incentivizing Dairy Producers to Scrap Certain Imports in Favor of Domestic Milk Powder
Japan’s recent agricultural aid package includes incentive payments for dairy manufacturers to replace imported ingredients with domestic milk powder, according to a U.S. Department of Agriculture Foreign Agricultural Service report released April 30. The aid, which aims to help industry…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
mitigate the impacts of the COVID-19 pandemic, will issue payments for dairy companies that replace imports of “prepared dairy products” with the domestically produced powder. The payments, distributed by Japan’s Agriculture and Livestock Industries Corporation, will include the “price difference between milk powder for food use and these products, up to a specified limit,” the USDA said. Japan imported $2.2 million worth of those prepared dairy products annually from the U.S. between 2015 and 2019, the USDA said.