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Japan Retailers Vying for Customers with Cheaper U.S. Foods

Japan Retailers Vying for Customers with Cheaper U.S. Foods

   Tokyo, Jan. 8 (Jiji Press)--Following the entry into force of the Japan-U.S. trade agreement on Jan. 1, major Japanese supermarkets are vying for customers by cutting prices of U.S. products for which Japanese tariffs were lowered under the bilateral pact.
   Ito-Yokado Co. launched a six-day sale at some 130 outlets on Wednesday, lowering the prices of a U.S. beef product by over 10 pct from the levels late last year and the prices of eight other products, including oranges, by 10-20 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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