The Department of Agriculture (DA) is exploring the imposition of higher tariffs by at least 13 percentage points (ppt) on certain rice imports from four of its major suppliers, including Vietnam, as a safeguard measure to mitigate the impact of rising imports on the domestic rice industry. Upon...
Pakistan, one of the Philippines’ top rice suppliers, has questioned whether the Philippine government is complying with global trade rules in its plan to impose safeguard measures to restrict rice imports and shield local farmers. During the Tariff Commission’s (TC) preliminary conference on...
The Tariff Commission (TC) has initiated a formal investigation to determine whether to impose a definitive safeguard measure on imported rice to provide relief to the local industry, which has been reeling from the surge in foreign shipments. In a notice, the TC announced it launched the probe...
The Tariff Commission (TC) has launched an investigation to determine the merits of a proposal seeking to implement a uniform five-percent tariff rate on corn imports to prevent increases in pork and chicken prices. In a notice dated June 10, the TC said it has started a probe into a petition filed...
The Tariff Commission (TC) aims to conclude its investigation into safeguard measures imposed on imports of corrugating medium—a paper product used for packaging materials—by November to determine whether a definitive duty is necessary to protect the local industry. The TC formally launched its...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the 15 percent reduced tariff on rice was a balancing act to ensure affordable prices and protect consumers’ interest. In a statement on Monday, June 10, Balisacan said the decision was not made lightly as the...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
The Tariff Commission will commence hearings on the proposed reduction in rice tariffs on Friday, Sept. 15. In a notice of public hearing posted on its website, the commission is inviting all interested parties to register their participation before the end of business hours on Thursday, Sept. 14....
Businessmen are strongly urging the government to ensure that the ongoing comprehensive tariff review and reform by the Tariff Commission (TC) should result in reduced corruption in the agriculture sector and accessibility of products at cheaper prices to ensure food security in the country. ...
The Tariff Commission (TC) is conducting full blast review of the most favored nation (MFN) tariffs to set the new import duty rates and schedules on wide ranging products from various countries, which account for 52 percent of the country’s total imports, over the next five years (2024-2028). MFN...
Local flour millers have asked the Tariff Commission to retain the most favored nation (MFN) tariff rate on milling wheat and wheat flour for the 2024-2028 to ensure continued supply of flour in the country at stable prices. Ric Pinca, executive director of the Philippine Association of Flour...
Domestic hogs producers have strongly urged the Tariff Commission (TC) to review the extended tariff rates on imported frozen edible offal and for the Department of Agriculture to establish the first border inspection facility to minimize smuggling and misdeclaration of imported animal meats....
