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PH among least hit by US tariffs, Palace economic adviser says
Manila Bulletin
|April 11, 2025
The Philippines stands to gain a slight advantage over its Asian neighbors despite the new reciprocal tariffs imposed by the United States, a Palace official said on Thursday, April 10.
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said this after the US imposed a 17-percent tariff on Philippine exports to the US.
In a press briefing in Malacañan, Go said the only country with a tariff lower than the Philippines is Singapore, which faces a 10-percent rate.
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