Philippines: The Department of Trade and Industry has imposed a preliminary safeguard measure on cement imports, primarily targeting Vietnam, which supplied 94% of imported cement in 2024.
The measure follows a finding that rising imports between 2019 and 2024 harmed domestic producers. The tariff applies to 40kg bags and will be in place for 200 days while the Philippine Tariff Commission conducts a final investigation. Vietnamese cement exporters have been advised to ‘monitor developments.’