DTI readies safeguard duty on imported cement

MANILA, Philippines – The Department of Trade and Industry (DTI) intends to impose a safeguard duty on cement imports to ensure a level playing field and protect the local industry.

In a statement on Tuesday, the DTI announced that imported cement will be slapped with a safeguard duty of ₱14 per 40-kilogram bag of Ordinary Portland cement.

https://business.inquirer.net/552581/dti-readies-safeguard-duty-on-imported-cement

Leave a Reply

Your email address will not be published. Required fields are marked *