Japan to cut tariffs on handbags honey 20180402 p5wat2.html – Breaking News & Latest Updates 2026
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Japan to cut tariffs on handbags, honey

AAP

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Australian beef, honey and handbags are among exports to Japan set to have tariffs cut.

The fifth round of cuts under the Japan-Australia free trade deal came into force on Sunday.

Trade Minister Steve Ciobo said 640 Japanese tariffs were sliced.

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"From handbags to honey, Japan is loving Australian products and produce," Mr Ciobo said.

Among the winners:

* Fresh or chilled beef tariffs have fallen to 29.3 per cent down from 38.5 before the deal.

* Frozen beef tariffs down to 26.9 per cent down from 38.5 before the deal.

* Honey tariffs are now 13.9 per cent down from 25.5 per cent before the deal.

* Handbag tariffs now 4.4 per cent down from 8-16 per cent before the deal.

* Orange tariffs now 8.7 per cent down from 16 per cent before the deal.

Australia's goods exports to Japan were valued at $45 billion in 2017, a rise of 24 per cent over 2016.

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