Philippines to keep lower tariff on pork until end of year
Lower tariffs extended for corn and rice as wellPhilippine President Ferdinand Marcos Jr has approved a further extension of lower tariff rates on rice, pork, and corn as the country battles inflation, Reuters reported, citing his economic planning minister on Thursday.
The modified rates for pork, rice and corn for most favoured nations, approved in 2021 were due to expire at the end of this year.