A woman walks down an aisle between rows of food stalls at Namdaemun Market in Seoul on March 13, 2023. (PHOTO / AFP)

SEOUL – 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 percent currently, in response to short-term supply shortages, the ministry said in a statement.

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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