A consumer rights group staged a protest outside the office of the Department of Trade and Industry (DTI) in Makati City on Tuesday, Oct. 14, demanding for a P16 rollback in the price of cement. During their demonstration, the members of United Filipino Consumers and Commuters (UFCC) said they are...
NEW YORK (AP) — For months, bubbling trade tensions between China and the U.S. seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by...
Morocco and the European Union have concluded negotiations on amendments to their agricultural agreement, confirming that preferential tariffs under the Association Agreement apply to products from the country’s Southern Provinces. Foreign Minister Nasser Bourita announced Thursday, Oct. 2, that...
The Tariff Commission (TC) aims to conclude its investigation into safeguard measures imposed on imports of corrugating medium—a paper product used for packaging materials—by November to determine whether a definitive duty is necessary to protect the local industry. The TC formally launched its...
WASHINGTON (AP) — President Donald Trump has plastered tariffs on products from almost every country on earth. He’s targeted specific imports including autos, steel and aluminum. But he isn’t done yet. Trump has promised to impose hefty import taxes on pharmaceuticals, a category of products...
WASHINGTON (AP) — President Donald Trump began levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy. Just after midnight, goods from more than 60 countries and the...
Some senators on Wednesday, July 23 are disappointed over the Philippines’ failure to get a much lower tariff with the United States, following the negotiations between US President Donald Trump and Philippine President Ferdinand Marcos, Jr. Sen. Joseph Victor “JV” Ejercito, for one,...
As President Ferdinand R. Marcos Jr. embarks on a series of high-level meetings with U.S. President Donald Trump, his sister Sen. Imee Marcos urged the Marcos administration to exercise caution and protect the country’s national interest in the discussions. President Marcos has departed Manila...
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...
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....
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...
Philippine exports to the United States (US) continued to grow, while imported goods from China slid in April—when US President Donald Trump imposed tariffs on America 's trading partners. The latest preliminary data from the Philippine Statistics Authority (PSA) on Friday, May 30, showed...