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MANILA, Philippines—President Ferdinand Marcos Jr. has approved the extension of reduced tariffs on rice and other food items until the end of 2024 to keep prices stable amid a threat of dry weather in the coming months,…
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, September 4. Easing rice import tariffs better option than price caps – FEB The Foundation for…
MANILA, Philippines — The Foundation for Economic Freedom (FEF) has called on the Marcos administration to temporarily lift or at least cut import tariffs on rice to check surging prices of the staple grain and avert a possible “full-blown…
The sugar debacle is an early example of why the President should put an agriculture secretary in place with some urgency. He just doesn’t have time to think through and address all the details handling agriculture requires,…
Collections from the tariffs slapped on imported rice reached P12.3 billion last year, exceeding the P10 billion to be spent yearly on programs that will support farmers disadvantaged by liberalized trade, the Department of Finance (DOF) said.…
The United States and China on Saturday announced a ceasefire in their tariffs war, hours after US President Donald Trump upended another international forum by snubbing G20 action on trade disputes and climate change. Over a dinner…
Donald Trump’s tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of “economic intimidation” as the standoff between the world’s top two economies clouds the global outlook. The latest volley against…
SPEAKER Gloria Macapagal-Arroyo and the Duterte administration’s economic managers tackled the possible lowering of tariffs on meat and fish imports in a meeting to discuss measures to mitigate the impact of soaring inflation. “To cushion the impact…
China said Thursday it wanted to avoid an escalation of trade tensions with the United States, as the two sides held new talks and Beijing decided to lower some tariffs. The overture came two days after the…
LIFTING taxes levied on imported goods could kill local industries and manufacturers, some Cebu City officials said. Councilors Joy Pesquera and Jose Daluz III both said that without tariffs, more imported goods would flood the local markets…
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