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Global Tax Insights
18 December, 2013

As an ardent free-trader, it gives me no pleasure at all to have been right over the extension of the Trans-Pacific Partnership trade deal to include Japan. What I can't understand is why Japan agreed to put everything on the table, and then just a few months later refuses to negotiate over its agricultural tariffs, including the crazy 777 percent levy on imported rice. Well, I do understand that in apparently changing his mind Shinzo Abe is making a carefully orchestrated domestic gesture, probably because he thinks that the American administration will be unable to get a TPP treaty through Congress without a TPA (Trade Promotion Authority), and there is no point in spending his precious, and limited, political capital and getting nothing in return. In fact, Abe has already gone a long way towards dismantling the agricultural regime that …Read More »



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Global Tax Insights

Wolters Kluwer Tax & Accounting, a division of Wolters Kluwer, is the leading provider of premier information, research and software tools in the global tax and accounting arena. Tax, accounting and audit professionals who serve as trusted advisors to clients and businesses worldwide rely on authoritative content and integrated workflow solutions from global leader Wolters Kluwer Tax & Accounting. View Global Tax Insights posts at  tools.cchgroup.com/intl/

 

 

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