In a bold move that’s sure to spark debate, President Ferdinand R. Marcos Jr. has just signed an executive order that could reshape the Philippines’ canned food industry—by slashing the import tariff on tin mill black plates (TMBP) to zero for the next three years. But here’s where it gets controversial: while this decision aims to support local manufacturers and stabilize canned goods prices, it also raises questions about the country’s reliance on imported materials. Let’s break it down.
On November 6, 2025, President Marcos signed Executive Order (EO) 104, which suspends the 3% tariff on TMBP imports until 2028. This move, announced publicly on November 8, is designed to bolster the domestic tin plate and tin-free steel industries—key suppliers to the nation’s canned food manufacturers. And this is the part most people miss: TMBP is the primary raw material for these industries, yet the Philippines produces none of it locally, leaving manufacturers entirely dependent on imports.
The order comes after the Economy and Development (ED) Council recommended reducing the Most Favored Nation (MFN) tariff rate on TMBP back in August. The goal? To lower production costs, stabilize supply chains, and keep Philippine food processors competitive in both local and global markets. But here’s the kicker: while this could benefit consumers by keeping canned goods affordable, it also highlights the lack of domestic alternatives—a point that’s sure to fuel discussions about economic self-sufficiency.
EO 104 isn’t just about cutting costs; it’s also about job creation and attracting investments. The ED Council argues that this temporary tariff adjustment will revitalize local manufacturing, generate employment, and create a more favorable business environment. However, the Department of Economy, Planning, and Development has been tasked with monitoring the TMBP market and reporting back to the President in a year—a move that suggests even the government is cautiously optimistic about the long-term impact.
The order takes effect 30 days after its publication in the Official Gazette or a widely circulated newspaper. But the real question remains: Is this a step toward economic resilience, or a temporary fix that avoids addressing deeper issues? What do you think? Does this decision strike the right balance, or does it overlook the need for homegrown solutions? Let’s hear your thoughts in the comments!
