Philippines' agriculture agency proposes gradual rise in pork import duties
The Department of Agriculture announced a plan to incrementally raise tariffs on imported pork to bring them back to pre-African swine fever levels.
In Manila, the Department of Agriculture said it will seek a step-by-step increase in pork import tariffs, aiming to restore the rates that existed before the African swine fever outbreak. The move follows a meeting on Sept. 24 with pork producers who urged higher duties as farm-gate pork prices stay elevated. Officials intend the phased approach to give the market time to adjust while supporting local hog raisers.
Why it matters
Higher pork tariffs could lift prices for Filipino consumers while providing relief to local hog farmers.
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