Senator Francis "Kiko" Pangilinan said the reported outcome of the Philippine-United States trade deal that would impose a zero tariff rate for US goods entering the Philippines will have a negative impact on the country’s agricultural production and the livelihoods of farmers and fisherfolk. ...
Malacañang has assured the public that the government did not offer Philippine agricultural products as concessions in the “still ongoing” negotiations with the United States to lower tariffs on local exports. Special Assistant to the President for Investment and Economic Affairs Secretary...
President Marcos announced that he had secured over $21 billion in new investment pledges from top American companies following his meetings with US trade and business leaders this week. Marcos said this as he returned to Manila from his three-day official visit to Washington late Wednesday...
The Philippine peso continued its gains against the US dollar as the foreign exchange (forex) market celebrated the latest trade deal between the trade giant US and the Philippines, with investors optimistic that the worst of the tariffs may have passed. Data from the Bankers Association of the...
The Philippines will get a P3 billion ($60 million) foreign assistance funding from the United States, becoming the first country to receive foreign aid since US President Donald Trump took office earlier this year. This was announced by the US State Department after President Marcos’ meeting...
President Marcos bared that the ongoing issue on the immigration of Filipinos in the United States was not discussed during his official trip in Washington. Marcos said in an interview that his three-day visit in the US was not the forum for the issue to be raised. "It 's not been raised. It...
President Marcos underscored the strategic importance of the planned United States-backed ammunitions hub in Subic, saying its development is a critical component of the Philippines’ self-reliance defense program. In a joint press conference with US President Donald Trump at the White House,...
President Marcos and United States President Donald Trump reaffirmed the "ironclad" relationship between Manila and Washington as the two leaders completed their trade negotiations following their White House meeting on Tuesday, July 22. In an interview with the media at the White House, Trump...
WASHINGTON — President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr., following a meeting Tuesday at the White House, that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there....
President Marcos has met with top executives of investment firms in the United States in a bid to secure investments for the country. Malacañang said Marcos held a meeting with executives of investment companies Cerberus, I Squared, and KKR & Co., Inc. in Washington, D.C. on July 22 (Manila...
Despite United States (US) President Donald Trump’s surprising decision to raise tariffs by three percentage points on Philippine exports, the foreign exchange (forex) market showed minimal concern, according to Dutch financial giant ING. “While Trump’s tariff hike on the Philippines—from...
Citing the changing geopolitical dynamics, President Marcos suggested that the relationship between the Philippines and United States "must continue to evolve." Marcos made the statement during his meeting with US Secretary of Defense Pete Hegseth at the Pentagon on Tuesday, July 22 (Manila time)....
