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Seeing the Bright Side of 19%
3 Articles
3 Articles
Seeing the bright side of 19%
MANILA, Philippines — The newly negotiated 19-percent tariff on Philippine exports to the United States is seen to enhance the country’s position as an investment and manufacturing hub in Southeast Asia, government officials who accompanied President Ferdinand Marcos Jr. in his recent US trip said. The government also said it ensured that the zero tariffs
During Marcos' visit to the White House, U.S. President confirmed tariffs on Filipino exports only slightly reduced compared to the forecasts. Manila hopes to negotiate a lowering to 15%, while in the background remains security in the South China Sea and the containment of Beijing's claims
Discussions On 19% Tariff On Philippine Exports To Continue
Trade officials said Thursday negotiations on the specifics of the 19 percent tariff on Philippine exports, down from the 20 percent announced earlier, would continue. “The details are not yet final. The Philippines and the United States will still have to negotiate the details of the agreement, including products that are covered by market access commitments on both sides,” Trade and Industry Secretary Ma. Cristina Roque said in a joint stateme…
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