DTI taps Customs to stop import dumping

The Department of Trade and Industry (DTI) is seeking assistance from the Bureau of Customs to prevent the dumping of imported goods into the Philippine market, which is anticipated due to recent US tariffs.

Trade Secretary Cristina Roque warned that challenging US tariffs are expected to lead to a significant influx of goods from countries like China and Vietnam into the Philippines.

Import dumping, the practice of selling products in foreign markets at prices lower than local products, could negatively impact domestic industries.

Roque highlighted the Philippines' large population of 115 million as a reason for its attractiveness as a market for such dumping activities.

Beth Lee, chairperson of the Federation of Philippine Industries, emphasized the need to balance the protection of local producers with keeping prices affordable for consumers.