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Philippines hits Vietnam with new tariffs on cement imports

Duterte seeks to protect domestic sector amid massive infrastructure drive

President Rodrigo Duterte is pushing ahead with his $180 billion "Build, Build, Build" infrastructure program to attract more foreign investment and create new jobs.   © Reuters

MANILA -- A surge in cement imports, mainly from Vietnam, has prompted the Philippine government to impose tariffs on the construction material, as it seeks to protect domestic industry from cheaper competition.

Manila announced on Tuesday it will implement the measure for three years, following earlier moves to slap provisional safeguard duties on ceramic and wall tiles, as well as on clear and tinted float glass.

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