MANILA, Philippines — The local automotive industry, which is recovering from a slump in sales last year, may face a new challenge as the government is evaluating a petition to impose a safeguard duty on imported cars. “We are currently evaluating the safeguard duty on auto,” Trade Undersecretary Ceferino Rodolfo told reporters. This, after the agency received a petition for the application of safeguard measure on imported motor vehicles from the Philippine Metal Workers Alliance. The group wants the government to impose safeguard measures on motor vehicles as imports have increased from 2014 to 2018. Should the DTI secretary make a preliminary determination to impose safeguard measure, the matter would then be endorsed to the Tariff Commission (TC) which shall conduct its formal investigation.
Source: Philippine Star November 10, 2019 16:01 UTC