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...
If trade shocks are left unchecked, they could potentially inflict greater damage on Philippine growth, compromising the country’s significant progress in recent years, according to a top official of the Bangko Sentral ng Pilipinas (BSP). “In particular, trade shocks affect the capital stock of...
GENEVA (AP) — The lead U.S. negotiator in trade talks with China cheered "a great deal of productivity" in resolving differences between the world 's two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump imposing steep...
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...
Amid the ongoing tariff conflict between the United States and China, Chinese Ambassador to the Philippines Huang Xilian urged the Association of Southeast Asian Nations (ASEAN) to be united in addressing “common challenges” and safeguarding its interests and the global economic order. ...
Chinese President Xi Jinping waves as he boards his plane for departure at Noi Bai International Airport in Hanoi, Vietnam Tuesday, April 15, 2025. (Athit Perawongmetha/Pool Photo via AP) BANGKOK (AP) — China's President Xi Jinping is making the case for free trade as he tours Southeast...
While other regions and countries have retaliated against United States President Donald Trump’s imposition of increased tariffs on foreign goods, the Association of Southeast Asian Nations (ASEAN) will instead seek “a frank and constructive dialogue” to address trade-related concerns. ...
Albay 2nd district Rep. Joey Salceda (PPAB) Ever the optimist, economist-solon Albay 2nd district Rep. Joel Salceda has chosen to look at the bright side of the Trump administration's tariff-geddon, which didn't spare the Philippines. In...
