Philippines may negotiate US tariffs down to 10% — BMI - BusinessWorld Online
PHILIPPINES, JUL 18 – The Philippines aims to reduce US tariffs from 20% to 10% by offering increased defense spending, leveraging trade and military ties, BMI research shows.
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Philippines' Marcos to discuss trade and security during U.S. visit as tariffs loom
MANILA - Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said on Friday. Read more at straitstimes.com.
Marcos' U.S. visit aims to boost Philippines-U.S. alliance, says DFA
MANILA — President Ferdinand Marcos Jr’s visit to the United States next week is aimed at strengthening the alliance between the two nations, the Department of Foreign Affairs said on Friday. The visit will also stress the importance of the Philippines strengthening its economy to be a robust partner for the United States, with Marcos expected to […] The post Marcos’ U.S. visit aims to boost Philippines-U.S. alliance, says DFA appeared first on …
Philippines’ Marcos to Discuss Tariff, Meet Trump in US Visit
The Philippines hopes to secure a trade agreement with the US when President Ferdinand Marcos Jr. discusses a planned US tariff during his meeting with President Donald Trump in Washington, according to a Manila official.
Philippines may negotiate US tariffs down to 10% — BMI - BusinessWorld Online
By Luisa Maria Jacinta C. Jocson, Senior Reporter THE PHILIPPINES has room to negotiate with the US to bring down its reciprocal tariff to as low as 10% using defense concessions as a key bargaining chip, according to Fitch Solutions’ research unit BMI. “While [former US President Donald J.] Trump has raised the rate from 17% to 20% for no explicit reason, the Philippines still faces some of the lowest tariffs in Asia,” Darren Tay, head of Asia …
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