As inflation reaches a 14-year high, President Ferdinand Marcos Jr. extended temporary tariff cuts on pork, rice, corn, and coal to increase supplies. Marcos signed Executive Order (EO) No. 10 on December 29, 2017, which decreased the Most Favored Nation (MFN) tariff rates on the commodities listed below until December 31, 2023. Beyond December 31, there will be no duty …
