Traders cornering tariff cut benefits, farmers say
Traders cornering tariff cut benefits, farmers say
FARMERS said savings from the lower tariffs on rice have been pocketed by traders instead of being passed on to consumers. “The fact that retail prices hardly moved means that importers, wholesalers and retailers pocketed most of the P5 billion in savings. They, and not the consumers, have been the real beneficiaries of the tariff cuts,” Federation […]
FARMERS said savings from the lower tariffs on rice have been pocketed by traders instead of being passed on to consumers. “The fact that retail prices hardly moved means that importers, wholesalers and retailers pocketed most of the P5 billion in savings. They, and not the consumers, have been the real beneficiaries of the tariff cuts,” Federation […]