MANILA, Philippines — The current prices of imported pork meat in Metro Manila markets may be the best deal that consumers may ever get after President Duterte over the weekend raised the imposed tariffs on pork to 10 percent from 5 percent, according to the country’s biggest importer group.
Meat Importers and Traders Association (Mita) President Jesus Cham said in an interview with Inquirer that imported meat prices may have already hit bottom following the compromise struck by economic managers and lawmakers to raise the pork tariffs anew.
Duterte’s Executive Order 134 raised the tariff on pork imports under the minimum access volume to 10 percent for the first three months…
Keep on reading: Higher pork tariffs may be the ‘best deal’ yet for consumers, say meat importers