Philippines Lowers Pork Tariff Rates

The Philippines recently lowered tariffs and increased its quota volumes for pork due to “surging” pork prices caused by the African swine fever, the U.S. Department of Agriculture Foreign Agricultural Service said in a May 18 report. The measures “significantly” lowered the most favored nation tariff rates on fresh, chilled and frozen pork from the original 30% in-quota and 40% out-quota rates. The report includes a table outlining the new in-quota and out-quota tariff rates, which are expected to remain in effect for one year.