News
Philippines: Tariff Commission slaps Turkish flour anti-dumping duty
14/11/2014
The Tariff Commission slapped a definitive anti-dumping duty as much as 16.19 percent against wheat flour imports from Turkey for a period of five years affirming the preliminary findings by the Department of Agriculture that the cheap flour imports from Turkey pose material injury to local flour millers. Local flour millers, however, was not happy with the rate stressing the Commission should have imposed a higher punitive import duty.
G20 and protectionism: What’s there to (really) worry about?
14/11/2014
Has G20 protectionism been talked up too much? The latest World Trade Organization (WTO) report, published jointly with the OECD, on trade restrictive measures in the G20 group of leading industrial economies and emerging markets, reveals that protectionism has not significantly been on the rise. Yet there are ‘murky’ areas of protectionism on which the international organisations’ report remains very sketchy.
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