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,...
US automakers can breathe a sigh of relief for the mean time as President Donald Trump has granted an exemption on automobiles from Mexico and Canada for one month. This was announced by White House Press Secretary, Karoline Leavitt. Trump spoke with Ford, General Motors and Stellantis, agreeing to...
Chickens walk in a fenced pasture at an organic farm in Iowa on Oct. 21, 2015. (AP Photo/Charlie Neibergall, File) BEIJING (AP) — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef. The...
President Donald Trump talks during a meeting with British Prime Minister Keir Starmer, at the White House, Thursday, Feb. 27, 2025, in Washington. (Carl Court/Pool via AP) WASHINGTON (AP) — President Donald Trump's long-threatened tariffs against Canada and Mexico finally went into...
WASHINGTON (AP) — President Donald Trump has paused imposing tariffs on small-value packages arriving from China, apparently to give federal agencies time to sort out how to process millions of such shipments that have come through the U.S. border every day without paying taxes....