DTI Moves to Shield Exporters From Full Brunt of US Tariffs

The Department of Trade and Industry (DTI) is doubling down on efforts to help exporters, with the full impact of the 19-percent reciprocal tariff imposed by the United States on Philippine goods expected to be seen in the August export data.

- By Louella Desiderio

"As Philippine exporters brace for the impact of the new 19-percent tariff imposed by the US, the DTI is intensifying its support programs to help businesses stay competitive and find new markets," Trade Secretary Cristina Roque said in a Viber message to reporters.

She said the surge in Philippine exports to the US in recent months was largely driven by frontloading activities or accelerated shipments ahead of the implementation of the reciprocal tariff by the US, which took effect on Aug. 7.