
Japan plans early drop in wine tariff
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TOKYO — Japan will cut its tariff on imported wine next April, one year earlier than planned, to help ease friction with its trade partners, especially the United States and the European
Community, a Foreign Ministry official said Thursday. The government said in July that the tariff would be cut from 38% to 30.4% as part of measures aimed at boosting imports and cutting
Japan’s huge trade surplus. MORE TO READ