South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, the finance ministry said on Tuesday.

The tariffs on seven food items will be lowered to 0 percent from as high as 10&nbsp;percent currently, in response to short-term supply shortages, the ministry said in a statement.

The measure worth a total of 47.3 billion won ($35.81 million) will be in effect, for most of the seven products, through to the end of the year.

South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ...{ai:summary}<p>South Korea will cut tariffs on higher priced edible products, including pork and sugar, to ease living costs. Tariffs on seven food items will be lowered from up to 10% to 0%. The measure will be effective for most of the products until the end of the year. #economy</p>

South Korea Cuts Tariffs on Food Imports to Ease Living Costs

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