3 February 2000
Jamaica slaps 86% duty on beef
JAMAICAS parliament has imposed an 86% stamp duty on beef imports, in a bid to protect the local beef industry.
Additional stamp duties will be reimposed on mince, fresh briskets and boneless beef trimmings.
Stamp duty was originally removed from 35 categories of agricultural produce seven years ago. This had left a smaller protective regime of customs duties ranging from 5% to 40%.
- Financial Times 03/02/2000 page 34 (News Digest)