Consumer group asks Philippine trade ministry to delay investigation into duties on imported cement

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Philippines: Laban Konsyumer (LK), a consumer group, has asked the Department of Trade and Industry (DTI) to delay an investigation into whether tariffs should be imposed on imported cement. It says that any potential duties are bad for consumers as it will decrease imports and create shortages, according to the Manila Bulletin newspaper. Instead the LK argues that the DTI should allow the expansion of local production capacity to finish before investigating imports. The DTI started an investigation into cement imports in September 2018 amid reports of declining revenue from local producers.

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URL: https://www.globalcement.com/news/item/8509-consumer-group-asks-philippine-trade-ministry-to-delay-investigation-into-duties-on-imported-cement

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