New US Tariffs on Philippines May Deter Taiwanese Investors
PHILIPPINES, AUG 3 – The tariff aims to encourage tariff removal on U.S. goods by the Philippines but may delay Taiwanese companies relocating factories, with about 10,000 to 20,000 Taiwanese businesspeople operating locally.
Summary by Taipei Times
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New U.S. tariffs on Philippines may deter Taiwanese investors - Focus Taiwan
Manila, Aug. 3 (CNA) The United States' decision to levy a 19 percent tax on imports from the Philippines has prompted concerns that this could discourage Taiwanese businesses from relocating their factories to the Southeast Asian country.
·Taiwan
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Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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