The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
Trade chiefs of the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) issued a joint statement calling for strategic reforms in international trade as the region grapples with uncertainties driven by two of its members: China and the United States (US). In a statement issued after...
ABU DHABI, United Arab Emirates (AP) — President Donald Trump said Thursday that the United States and Iran have "sort of" agreed to terms on a nuclear deal, offering a measure of confidence that an accord is coming into sharper focus. Trump, in an exchange with reporters at a business...
The United Nations (UN) on Thursday, May 15, forecast slower global economic growth this year and next, pointing to the impact of the surge in United States (US) tariffs and increasing trade tensions. UN economists also cited the volatile geopolitical landscape and threats of rising production...
DOHA, Qatar (AP) — President Donald Trump urged Qatar on Wednesday to use its influence over Iran to persuade the country 's leadership to reach an agreement with the U.S. to dial back its rapidly advancing nuclear program. Trump, who is visiting the Gulf nation as part of a three-country...
RIYADH, Saudi Arabia (AP) — U.S. President Donald Trump met with interim Syrian President Ahmad al-Sharaa in Saudi Arabia on Wednesday, the first encounter between the two nations’ leaders in 25 years and one that could mark a turning point for Syria as it struggles to emerge from decades of...
RIYADH, Saudi Arabia (AP) — President Donald Trump on Tuesday held out Saudi Arabia as a model for a reimagined Middle East, using the first major foreign trip of his term to emphasize the promise of economic prosperity over instability in a region reeling from multiple wars. Offering...
DUBAI, United Arab Emirates (AP) — On his trip this week to the Middle East, U.S. President Donald Trump will visit Saudi Arabia, Qatar and the United Arab Emirates, though his most pressing regional challenges concern two other countries: Israel and Iran. After ending a ceasefire two months...
CAPE TOWN, South Africa (AP) — A group of 49 white South Africans departed their homeland Sunday for the United States on a private charter plane having been offered refugee status by the Trump administration under a new program announced in February. The group, which included families and small...
The ongoing trade dispute between the United States (US) and China could benefit manufacturing hotspots in Southeast Asia, such as the Philippines, provided the government implements sweeping reforms to align trade and investment policies with industrial strategies. In a virtual forum hosted by the...
Senate President Francis “Chiz” Escudero on Thursday, May 8 criticized United States President Donald Trump’s plan to send Asian immigrants—including Filipinos—facing deportation to Libya, saying it would be “cruel” for his administration to export them to a third country and one...
Robust government spending ahead of the May 12 elections likely sped up economic growth in the first quarter, despite private consumption largely being in wait-and-see mode as Filipinos save up, according to the research arm of global financial giant Deutsche Bank. In a May 3 report received by...
