DTI: PH readies loans to counter ‘Trump tariffs

The Department of Trade and Industry (DTI) is exploring the launch of a loan program to mitigate the impact of reciprocal tariffs imposed by the United States (US) on domestic exporters.

- By DEXTER BARRO II

DTI Secretary Cristina Roque said her agency is gearing up to study a loan program for exporters, ranging from micro, small, and medium enterprises (MSMEs) to big corporations.

“That would be easy because the control of SB (Small Business) Corp. is with me, since I’m the chairman. So it’s easy for me to maneuver,” Roque told reporters.

She said that this program, which will be under the DTI’s financing arm, SB Corp., could be earmarked with as much as P3 billion if the government proceeds.