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Tariff on imported rice to stay at 15% until Feb.
Business World Philippines
|January 29, 2026
THE Department of Agriculture (DA) said the tariff on imported rice from most favored nations will remain at 15% until February, with global rice prices not yet at levels that would trigger a higher duty.
Agriculture Assistant Secretary Arnel V. de Mesa told reporters on Wednesday that the benchmark price that will warrant raising the tariff to 20% is $367 per metric ton (MT).
"To trigger a higher 20% tariff, international rice prices must breach the trigger price of $367 per metric ton. Since this has not happened, we have not discussed it yet," he said.
Diese Geschichte stammt aus der January 29, 2026-Ausgabe von Business World Philippines.
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