WASHINGTON (AP) — The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track — and to go through with laying off nearly 1,400 employees. With the three liberal justices in dissent, the court on Monday paused an order from U.S....
The country’s oldest business group is urging President Ferdinand Marcos Jr. to advance his administration’s entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump. The Chamber of Commerce of the...
Not even the higher tariff that the United States (US) plans to impose on Philippine goods would dampen the local equity market, thanks to strong domestic macroeconomic fundamentals, according to global investment banking giant Goldman Sachs. In a July 11 report obtained by Manila Bulletin, Goldman...
Senator Sherwin Gatchalian said he hopes that the upcoming meeting between United States President Donald Trump and President Ferdinand “Bongbong” Marcos Jr. will eventually lead to positive results and a reconsideration of the tariff imposed on the Philippines. This after the Philippine...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has warned that the imposition of the 20-percent tariffs by the United States (US) on Philippine exports could harm businesses and consumers in both countries. FFCCCII, which comprises over 170 business and trade...
President Marcos should remind United States (US) President Donald Trump that the Philippines is America’s “best ally” in Southeast Asia as the government pursues a beneficial trade deal amid the upcoming implementation of the 20 percent tariff, according to a prominent business leader....
Japanese financial giant MUFG Bank Ltd. sees a mild impact arising from the potentially higher United States (US) tariff set to be imposed on Philippine goods imported into America. “This announcement is to some extent a downside surprise for our FX [foreign exchange] and macro forecasts, given...
Department of Trade and Industry (DTI) Secretary Cristina Roque said the government remains “optimistic” about securing a beneficial trade deal with the United States (US), even as President Donald Trump hiked tariffs on Philippine goods to 20 percent. “Of course we’re always optimistic,...
WASHINGTON — President Donald Trump singled out Brazil for import taxes of 50% on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs. Trump avoided his standard...
With new tariffs turning out “worse than expected” for Asian economies, Dutch financial giant ING said the Philippines’ exclusion from the revised list could give the country a trade advantage, potentially allowing it to outperform its regional peers. “Interestingly, countries like India,...
WASHINGTON (AP) — President Donald Trump said Monday the U.S. will have to send more weapons to Ukraine, just days after ordering a pause in critical weapons deliveries to Kyiv. The comments by Trump appeared to be an abrupt change in posture after the Pentagon announced last week that it would...
WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1. Trump provided notice by posting letters on Truth Social that were addressed to the leaders of...
