Higher PHL NTBs put it at risk of reciprocal tariffs | Andrea E. San Juan

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Higher PHL NTBs put it at risk of reciprocal tariffs | Andrea E. San Juan

HAVING “higher” non-tariff barriers makes the Philippines more susceptible to being slapped with high reciprocal tariffs by the US, according to Japan-based think tank Nomura Asia. According to Nomura, the reciprocal tariffs will be levied not only on the basis of tariffs imposed by partner countries on the US, as…