Versuchen GOLD - Frei
No bacon from US
The Philippine Star
|July 25, 2025
On the same day that President Marcos managed to cut the planned 20 percent US tariff on Philippine exports to 19 percent, Indonesia sealed a deal that brought down the planned tariff on its products to 19 percent as well—from 32 percent.
Japanese Prime Minister Shigeru Ishiba, who met with US President Donald Trump in Washington on the same day as BBM, brought down the planned tariff on Japanese exports—including one of the biggest, automobiles—from 25 to 15 percent.
Earlier this month, Vietnam's leader To Lam pulled down the planned US tariff on Vietnamese exports from 46 percent to 20 percent—and he did this only through a phone call with Trump.
We're familiar with the admonition to underpromise and overdeliver.
This could have been useful in that sudden trip (the announcement was sudden) of President Marcos to Washington for his first-ever official meeting with Trump.
The visit was touted as a win for BBM, being the first Southeast Asian head of state to be invited to the White House under the second Trump presidency.
This was as it should be, considering that the Philippines is the only US treaty ally in Southeast Asia.
But BBM's team should have been mindful of how mercurial Trump can be, toward allies and foes alike. And how Trump had bragged last April, after upending international trade rules through tariffs that he seemed to have plucked out of thin air, that "these countries are calling us up, kissing my ass. They are. They are dying to make a deal."
Trump said this at a Republican fundraising dinner in Washington during which he also parodied world leaders telling him: "Please, please, sir, make a deal. I'll do anything. I'll do anything, sir!"
Anyone kissing Trump's butt had better be sure that it's worth it.
Diese Geschichte stammt aus der July 25, 2025-Ausgabe von The Philippine Star.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Philippine Star
The Philippine Star
Phl to lead Asia's Gen Alpha boom by 2030
The Philippines is expected to have the biggest proportion of Gen Alphas among major Asian economies by 2030, a demographic that will define future consumer trends, according to research and analysis firm BMI.
1 mins
November 02, 2025
The Philippine Star
Illiteracy report alarms senator
Sen. Sherwin Gatchalian has expressed alarm over a report of the Second Congressional Commission on Education (EDCOM 2) showing the doubling of functionally illiterate Filipinos to 24.8 million in the past 30 years.
1 min
November 02, 2025
The Philippine Star
Gov't resumes poultry imports from Argentina, Romania, Turkey
The Department of Agriculture (DA) has lifted the temporary ban on the import of wild and domestic birds from Argentina, Romania and Turkey, marking the latest in a series of trade policy adjustments in response to evolving animal health risks.
1 mins
November 02, 2025
The Philippine Star
Right to information
Last Sept 30, the President, together with members of the Cabinet and leaders of Congress, officially identified the Right to Information (RTI) Act as a priority legislative measure under the Common Legislative Agenda of the Legislative-Executive Development Advisory Council (LEDAC) for the 20th Congress.
4 mins
November 02, 2025
The Philippine Star
‘No braver coast guard than PCG’
For an American maritime security expert, there is no braver coast guard in the world than the Philippine Coast Guard (PCG).
2 mins
November 02, 2025
The Philippine Star
Undas peaceful as 3.8 M visit cemeteries nationwide
The observance of Undas or All Saints' Day and All Souls' Day was peaceful and orderly yesterday, according to the Philippine National Police (PNP), as millions of Filipinos flocked to cemeteries, memorial parks and other public areas to honor their dead.
2 mins
November 02, 2025
The Philippine Star
'Growth hinges on efficient public fund use'
An expansionary fiscal policy can boost economic growth, but a think tank warned that its impact depends on how efficiently and effectively the government deploys the public funds.
1 mins
November 02, 2025
The Philippine Star
Phl closer to acquiring submarine for maritime security
BUSAN The Philippines' aspira-tion to acquire a submarine to boost its maritime security moved forward as President Marcos yesterday met with a giant shipbuilder offering support to the Philippine Navy’s submarine program.
1 mins
November 02, 2025
The Philippine Star
Tino approaches, threatens Visayas
A tropical depression is threatening to hit the Visayas and parts of Mindanao this week, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said yesterday.
1 min
November 02, 2025
The Philippine Star
AMID FLOOD CONTROL SCANDAL: DBM tightens scrutiny of fund disbursements
The Department of Budget and Management (DBM) is now \"extra cautious\" in releasing public funds amid recent developments regarding alleged corruption in flood control projects within the Department of Public Works and Highways (DPWH).
1 mins
November 02, 2025
Listen
Translate
Change font size
