On May 15, 2021, President Duterte issued Executive Order 134, setting pork tariffs significantly lower than the original 30 percent in-quota and 40 percent out-quota rates. EO 134 follows considerable pushback by domestic industry and Congress to Executive Order 128, which the President issued on April 7, 2021 and set rates at 5 percentage points lower than EO 134. The President also issued Executive Order 133 on May 11, 2021, raising the Minimum Access Volume or tariff rate quota of pork imports from 54,210 MT to 254,210 MT. This was in response to the doubling of pork prices, driven by a shortage of pork amid the devastating African swine fever outbreak, which has pushed overall consumer inflation to 4.5 percent in April.
Tariff Rates - First 3 months | EO 128 | EO 134 | Original |
---|---|---|---|
In-quota | 5% | 10% | 30% |
Out-quota | 15% | 20% | 40% |
Tariff Rates - Remaining 9 months | EO 128 | EO 134 | Original |
In-quota | 10% | 15% | 30% |
Out-quota | 20% | 25% | 40% |
Minimum access volume (MAV) | ||
---|---|---|
MAV Plus Proposal | EO 133 | Original |
404,210 MT | 254,210 MT | 54,210 MT |
May 17, 2021/ USDA/ United States.
https://apps.fas.usda.gov/