Exporters remain 'in the dark' about eventual US tariff rate

PHILIPPINE EXPORTERS remain cautious in the face of the uncertainty posed by the US tariff regime, but are hoping that US President Donald J. Trump views the Philippines as a "friendly country.

- By Justine Irish D. Tabile

Foreign Buyers Association of the Philippines (FOBAP) President Robert M. Young said exporters still have "no clear information" about what tariffs will be assigned by Washington once the pause on the reciprocal tariff ends next week.

All exporters have to go on is that US Treasury Secretary Scott Bessent’s description of negotiations with the Philippines as having gone well, he said.