Comment on Japan to sell more rice reserves as prices soar
Chip_Rat@lemmy.world 5 days agoJust read up on it because your question made me curious. They have zero tariffs on rice up to a certain number, recently around 770,000 tons annually. After that amount they charge a tarriff that is quite high, 400-700+%, and import another few hundred tons at that rate.
Got my numbers from this article if you are curious:
benjhm@sopuli.xyz 5 days ago
Hmm, so how does the government distribute that potentially lucrative tariff-free quota between importers ? Or if the government imports rice directly, stores it, then resells at a much high price, that’s effectively a tariff.
Seems complicated, but then most countries do something similar, consider price-fixing of food by the EU CAP …