Safeguard duty on cement won’t raise prices, say firms

cement

MANILA, Philippines — The proposed safeguard duty on cement imports is unlikely to raise prices. Instead, it aims to help safeguard the local industry against unfair competition, an industry group said.

“The measure is needed to give local manufacturers a fair chance to compete against foreign suppliers that enjoy government support,” the Cement Manufacturers Association of the Philippines stated.
https://business.inquirer.net/549817/safeguard-duty-on-cement-wont-raise-prices-say-firms

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