The Philippines will suspend rice imports for 60 days starting September 1, Communications Secretary Dave Gomez announced Wednesday. President Ferdinand Marcos Jr. ordered the suspension to protect local farmers, following consultations with Cabinet members during his state visit to India and upon the recommendation of Agriculture Secretary Francisco Tiu Laurel Jr. The Philippines is one of the world’s top rice importers, making the move particularly significant for both domestic producers and global markets. While the Agriculture Department had earlier proposed raising rice import tariffs due to a sharp drop in palay prices amid record-high production, Marcos stated it was “not yet time” to discuss tariff hikes. Previously, his administration had reduced rice tariffs to 15% to ease consumer burdens during a period of high global prices.
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