Ustr Japan Agreement

2. ustr.gov/about-us/policy-offices/press-office/press-releases/2019/december/ambassador-lighthizer-lauds-japan #. As part of the government`s broader trade agenda, President Trump has long been critical of the trade imbalance between the United States and Japan, the world`s largest and third-largest economies, respectively. In order to reduce the U.S. trade deficit of $56.7 billion3, President Trump and Japanese Prime Minister Shinzo Abe jointly announced their intention to begin negotiations for a U.S.-Japan trade deal in 20184.4 These negotiations began in April 2019.5 As described in EY Global Tax Alert, USTR grants Lists 1:2 and 3 new exclusions for products originating in China; The United States and Japan agree on merchandise trade and digital trade, President Trump and Prime Minister Abe announced the trade agreement at the United Nations General Assembly in New York on September 25, 2019.6 6 6. EY Global Tax Alert, USTR, grants new exclusions to Lists 1, 2 and 3 for products originating in China; The United States and Japan agree on digital trade and commerce on September 27, 2019. 10th U.S.-Japan Trade Agreement, Annex I: Japan`s Tariffs and Customs Provisions, I-B-5-1; ustr.gov/sites/default/files/files/agreements/japan/Annex_I_Tariffs_and_Tariff-Related_Provisions_of_Japan.pdf. Products wholly obtained or manufactured in the United States are generally eligible for preferential tariff treatment under the USJTA. Products using materials from other countries may also be considered depending on the type of product and the classification of tariff codes. For many of these products, the standard rule is a change in tariff classification at the chapter or double-digit level (e.g.B. HS 10 for HS 11 flour) that occurs in the United States. Products with different rules are described in Annex 1 to the Treaty. At the time of importation, Japan Customs requires Japanese importers to submit a declaration confirming the origin of the product.

In some cases, U.S. exporters may provide additional information directly to Japan Customs, but the initial declaration must come from the importer. For more information, see the Japan Customs website and the DE LAS/Tokyo GAIN report on USJTA Rules of Origin. . . .