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flag The Philippines extends 15% rice import tariff until Dec. 31, 2025, with future adjustments tied to global prices.

flag The Philippine government has extended the 15% rice import tariff until December 31, 2025, under Executive Order 105, maintaining the rate set in June 2024. flag Starting January 1, 2026, the tariff will adjust based on global rice prices—rising 5% for every 5% drop and falling 5% for every 5% rise, capped between 15% and 35%. flag An inter-agency group will oversee the system, but farmer groups warn the flexible rate may not protect local producers, especially given falling global prices and short palay harvest cycles. flag They urge a return to the 35% rate, citing food security and domestic farming concerns.

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