Matthew said: “The suspension of additional tariffs on chicken imported from these five countries is a first step in the right direction and we hope to see more of this sort of action from government in future.”
Governments around the world have been slashing import tariffs as a way to help their citizens survive.
“Mexico, the Philippines and South Korea have removed tariffs on imported goods, including chicken, to curb and mitigate the impact of rising inflation on their people. The US is considering scrapping its tariffs on various goods for the same reason.”
He said the liberalisation of trade policies can help consumers.
“The opposite is true of localisation and protectionist policies, because they restrict competition, which leads to an increase in the price of local goods. We welcome that government has recognised the timing and extent of these policies need careful consideration and has suspended the implementation of tariffs for 12 months. It shows that government is putting its citizens first, which is exactly how it should be,” said Matthew.