US EditionUNCTAD: Trump tariffs could hurt Philippine competitiveness in US market
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UNCTAD: Trump tariffs could hurt Philippine competitiveness in US market
Many developing economies, including the Philippines, are expected to lose their competitiveness in the United States (US) market once the currently suspended tariffs imposed by the Trump administration are reinstated, according to the United Nations Conference on Trade and Development (UNCTAD).Last month, President Donald Trump shifted the US’ tariff policy from being among the lowest in the world to suddenly among the highest, slapping all tra…
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