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The Department of Trade and Industry (DTI) is adjusting safeguard duty for imported cement this 2021 for the second year of the imposition of the trade remedy. DTI-Bureau of Import Services director Luis Catibayan said safeguard duty this year is being eyed at P9.80 per 40-kilogram bag of cement, which is higher from the initial […]
The Department of Trade and Industry’s (DTI) preliminary determination on the petition for safeguard measures filed by the Philippine Metalworkers Alliance found that increased importation of passenger cars and light commercial vehicles is a substantial cause of serious injury to the domestic motor vehicle manufacturing industry. DTI’s preliminary determination also found that critical circumstances exist […]
The Department of Trade and Industry (DTI) has taken a firm step to protect local cement manufacturers in the wake of reports that imported cement has been flooding the local market in recent months. DTI Secretary Ramon Lopez said his agency will impose a provisional safeguard duty of P8.40 per bag of imported cement after […]