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EO KEEPS CANNED MEAT PRODUCT PRICES LOW – LOPEZ

President Rodrigo Duterte has issued Executive Order (EO) No. 123 that retains the 5% tariff rate on imported mechanically deboned meat (MDM) instead of increasing it to 40%. The retention of the 5% MDM tariff prevents any huge price increase in the processed and canned meat products, the Department of Trade and Industry (DTI) said. […]