Duty-free imported beef is coming in South Korea

게시됨 2022년 7월 22일

Tridge 요약

The South Korean government's decision to apply a 0% quota tariff on 100,000 tons of imported beef from the United States and Australia has been criticized by the National Korean Beef Association and the Hanwoo Policy Research Institute. Experts believe that the policy will primarily benefit importers and exporters, with consumer prices potentially rising due to increased importation of high-quality meat. The Hanwoo Policy Research Institute predicts that the Korean beef industry will suffer approximately 165.2 billion won in damage, and there are concerns that the policy could further decrease the self-sufficiency rate of domestic beef and threaten the existence of the Korean beef industry. The Korean Beef Association has expressed strong opposition to the policy and warned of potential negative impacts on Korean beef farmers.

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원본 콘텐츠

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 ...

출처: Aflnews