Vice President Sara Duterte questioned United States President Donald Trump’s comments about the Philippines-China and Philippines-US relations during the time of her father, former president Rodrigo Duterte, insisting that the country should maintain an “independent foreign policy” and...
DAVAO CITY – Acting Davao City Mayor Sebastian Duterte downplayed the one percent reduction of the 20 percent tariff imposed on Philippine goods to 19 percent as an empty gesture, calling it “consuelo de bobo” or a false consolation. Duterte questioned the importance of the announcement and...
United States President Donald Trump has accepted the invitation from President Marcos to come to the Philippines next year when Manila hosts the Association of Southeast Asian Nations (ASEAN) Summit. This was disclosed by Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez in a...
With President Ferdinand Marcos Jr. only managing to secure a one-percentage-point (ppt) reduction in tariffs on Philippine exports to the United States (US), the country is seen to lose its “minimal” competitive edge over its regional peers—an advantage it enjoyed due to a strong peso and...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
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...
Nothing favorable will be said about her father during President Marcos’ meeting with United States President Donald Trump, Vice President Sara Duterte said on Tuesday, July 22. Instead, she expects that “unfavorable” things will be said about former president Rodrigo Duterte, who is...
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....
Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
