PEZA sees trade boost despite US tariffs on Philippine goods
- Frederick Go, the Special Assistant to the President, claims the US tariffs on Philippine goods could attract American investments, viewing the tariffs as an opportunity rather than a burden.
- PEZA Director General Tereso Panga believes the 17% tariffs on Philippine exports make the country a more competitive option for foreign investors.
- Panga believes that the 17% US tariff on Philippine exports makes the country more attractive to investors due to lower tariffs compared to neighboring countries like Vietnam and Thailand.
6 Articles
6 Articles
PEZA sees trade boost despite US tariffs on Philippine goods
MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) on Friday expressed optimism for the country’s export sector after the United States slapped of a 17-percent tariff on imports from the Philippines. The investment promotion agency sees the tariffs as an opportunity to strengthen trade and investment ties with the US. “While the 17-percent tariff will make Philippine exports to the US more expensive, this rate remains among the …
Marcos' economic czar sees silver lining in Trump's 17% tariff on PH goods
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go on Thursday brushed off the impact of US President Donald Trump's imposition of 17% tariff on Philippine goods entering America, seeing it as a boon rather than a bane for the country's economic future.
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