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Aug 9, 2018 @ 13:59

Arroyo dumps zero tariff proposal on meat and fish imports

House Speaker Gloria Macapagal Arroyo is no longer pushing for removing the tariff on fish and meat imports as this could effect the local producers and fishermen.

To recall, Arroyo has earlier told President Rodrigo Duterte to remove the tariffs on imported fish and meat because this could help ease the continuously rising inflation.

Amid the strong lobby, Arroyo met with local producers and agriculture stakeholders and immediately backpedaled on her stance.

“It’s not about friendship. It’s a matter what economically makes sense. And whatever the arguments are, the DA said the tariff on meat can’t be brought down so it will not. But please do help us reduce the prices of meat voluntarily,” Arroyo said in a report in Manila Bulletin.

“At the end of the day it’s going to be the executives [economic managers] who will act on it [inflation],” she added.

Right now, the Philippines slaps a tariff of 10 to 40 percent on meat imports, while it levies imported fish with 3 to 10 percent duty.



 

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