Japan's Economic News reported that the EU intends to cancel the imposition of import tariffs on most Japanese auto parts, the two sides plan to reach a framework agreement in early July, is now in Tokyo for the chief negotiator level consultations. But the two sides have not yet reached a consensus on the implementation of the time, Japan can be abolished in seven years, the EU is intended to more than a decade to gradually cancel. At the same time, the EU also urged Japan to reduce or cancel the import of pork, cheese, wine and other agricultural products tax.
I believe that if eu can cancel the tax on Japanese import of pork, cheese, wine, or other agricultural good. The price will drop in JP, JPN will strong again.