Gradual rice tariff revert to 35% eyed

The Department of Agriculture (DA) is in support of a recommendation from a House of Representatives panel to revert the rice tariff rate from 15 percent to 35 percent—on the condition that this will be implemented gradually.

- BY DEXTER BARRO II

During the final hearing of the House quinta committee on Wednesday, June 11, among its recommendations is to raise the tariff rate to its previous level, citing the need to safeguard local farmers from the entry of rice imports.

Agriculture Secretary Francisco Tiu Laurel said the agency is open to such a proposal but noted that the increase should be done in phases to minimize its impact on the rice market.

“Our suggestion is a gradual increase... eventually returning to the 35-percent duty,” he said during the hearing.