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Salceda: Marcos Averted 20% Tariff Blow, Preserved Trade Access for Philippine Exports - Asian Journal News

Summary by asianjournal.com
Economist Joey Salceda says President Marcos' U.S. visit helped avoid a 20% tariff across all exports, preserving exemptions for 73% of Philippine goods and resulting in a 6.3% effective tariff rate—one of the lowest in Southeast Asia.   QUEZON CITY — Economist and former Chair of the House Ways and Means Committee during the 19th Congress Joey Salceda praised President Ferdinand “Bongbong” Marcos Jr.’s recent…

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President Ferdinand Marcos Jr.'s rehearsal for his fourth State of the Nation Address (SONA) this afternoon is over. This is Malacañang's terse response regarding the details of the President's SONA. According to the Presidential Communications Office (PCO), President Marcos' SONA speech will last over an hour. It can be recalled that in SONA 2024, the President's speech lasted for one hour and twenty-two minutes, where the total ban on Philippi…

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asianjournal.com broke the news in on Sunday, July 27, 2025.
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