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General Measures toward Import Promotion in Japan

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Abstract

After the compensatory rise in association with import liberalisation during 1960 and 1964, Japan’s tariff level has continually reduced. 1972 marked a break from the traditional trade policy package. Pressures arising from Japan’s trade surplus had been felt for some time and this led to the government making a major revision to Japan’s tariff structure. The main points were: (1) a reduction in the escalating structure of tariffs; (2) a general reduction in tariff levels in accordance with the level of industrial development; (3) the abolition of the category of luxury goods; and (4) a reduction in the high tariff on agricultural goods.

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© 1993 Institute of Developing Economies, Tokyo

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Onoda, K. (1993). General Measures toward Import Promotion in Japan. In: Yamazawa, I., Hirata, A. (eds) Trade Policies towards Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22982-6_3

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