Duty-free imported beef is coming in South Korea

Tariff cuts, less likely to benefit consumers... In the end, only the importer benefits Recently, a large store announced on the 17th that it would preemptively lower the price of imported beef before applying the 0% quota tariff on imported beef in relation to the government's decision to operate a quota tariff on 100,000 tons of imported beef from the United States and Australia. At a time when the government has issued a policy to temporarily apply a 0% quota tariff on imported beef to stabilize the price of a table, the National Korean Beef Association immediately issued a statement on the 8th, and the government’s policy is to help farmers suffering from soaring feed prices. It has been criticized as a policy that drives people into limbo. Last year, the annual supply of Korean beef was 230,000 tons. We investigated how the government's policy will affect the Korean beef industry. # Duty-free beef, will it help the price drop? According to the government, the amount of ...