Another round of oil price pain is looming over the second week of April. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline prices may increase by somewhere around ₱0.30 to ₱0.70 per liter, while diesel could spike by somewhere between ₱0.20 and ₱0.70 per liter. On the...
The Management Association of the Philippines (MAP) is calling for the creation of an Economic Security Council under the Office of the President to look into the impact of the 17-percent tariff imposed by the United States (US) on Philippine imports. MAP, which comprises the country’s...
Thursday, April 3, or depending on where you are, was a “tariffying day” across 185 economies following United States (US) President Trump’s imposition of a reciprocal tariff on goods shipped to the US. While most of the affected economies are still weighing the extent of the economic cost,...
Senate President Francis “Chiz” Escudero on Thursday, April 3 called on state economic managers to prepare and plan for contingencies and a calibrated response to the 17-percent tariff that the United States will impose on Philippine exports starting April 9, 2025. Senate President...
The Philippines is keen on taking advantage of “strategic opportunities” resulting from the imposition of 17-percent reciprocal tariffs on Philippine imports by the United States (US). In a statement on Thursday, April 3, Department of Trade and Industry (DTI) Secretary Cristina Roque said the...
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...
The Philippines will only suffer "minimal" impact from the 17-percent reciprocal tariff imposed by the United States government on the products it is importing from the country, Malacañang said. US President Donald Trump (White House) While Palace has yet to determine the industries that...
President Donald Trump (AP Photo/Mark Schiefelbein, File) WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described "reciprocal" tariffs on friend and foe alike. The new tariffs — coming...
US President Donald Trump The Philippines is not worried about United States (US) President Donald Trump’s looming reciprocal tariffs on several countries, given its minimal trade deficit with American goods, according to Trade Secretary Cristina Roque. While she admitted that the...
Singapore-based DBS Bank Ltd. expects the Philippine economy to again grow below its target in 2025, despite benefiting from being outside the scope of United States (US) President Donald Trump's tariffs. "Direct impact from US tariffs is likely to be limited, with the Philippines' contribution to...
"Unstable politics" in the Philippines is getting in the way of it becoming an alternative regional export hub to Vietnam amid the threat of tariffs from US President Donald Trump, according to the think tank Capital Economics. "Vietnam has seen a surge in exports to the US in recent years...
As United States (US) President Donald Trump doubles down on his protectionist policies by imposing tariffs on major exporters, American companies face increasing cost pressures—creating an opportunity for the Philippines to capitalize. In a report, property advisory firm Colliers said companies,...
