Denemek ALTIN - Özgür
US imposes 17% tariff on PH products
Manila Bulletin
|April 4, 2025
Palace says impact is minimal
The Philippines will only suffer minimal impact from the 17-percent reciprocal tariff imposed by the United States government on the products it is importing from the country, Malacañang said.
While the government has yet to determine the industries that will be affected by the tariff, Palace Press Officer and Communications Undersecretary Claire Castro said its impact will not be that huge.
She even considered it as "good news," given that the tariff imposed by the Trump administration on the Philippines was among the lowest globally.
"As of now, we have no details on what industries are possibly affected, but perhaps this 17 percent imposed tariff can be considered as good news because many countries have higher tariffs. And it appears that we are the second lowest, next to Singapore," Castro said in a Palace briefing on Thursday, April 3. "According to the DTI (Department of Trade and Industry), the impact will not be huge, it will only be very minimal." At present, Castro said, the government has no plans of appealing to the US government to reduce the tariff, adding that the Philippines accepts the new development.
Bu hikaye Manila Bulletin dergisinin April 4, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Manila Bulletin'den DAHA FAZLA HİKAYE
Manila Bulletin
Megaworld, gov't agencies unite for earthquake preparedness drive
Property giant Megaworld Corporation convened the inaugural Earthquake People and Real Estate Preparedness (PREP) Summit, bringing together key government agencies and private sector leaders to advance a whole-of-nation approach to resilience during the event held at The Blue Leaf Events Pavilion in McKinley Hill, Taguig City.
1 mins
November 4, 2025
Manila Bulletin
DOJ starts on Nov. 10 preliminary probe on 5 Bulacan 'ghost' flood control projects
The preliminary investigation against respondents in five \"ghost\" flood control projects in Bulacan starts on Nov. 10 and charges may be dismissed or filed in court 30 days thereafter.
2 mins
November 4, 2025
Manila Bulletin
Make people come in that my home may be filled
The Gospel reading is the third in a series of teachings about banquets and invitations. This time it is the Messiah who throws a banquet.
2 mins
November 4, 2025
Manila Bulletin
Marcos: It's possible to write a good, clean budget
President Marcos is confident that the government will be able to craft “a good, clean budget” for next year as Congress continues its deliberations on the proposed national spending plan.
1 mins
November 4, 2025
Manila Bulletin
Balisacan sees dismal Q3 growth
The country's chief economist expressed a less optimistic outlook for thirdquarter growth, noting that both domestic-including the flood control corruption scandal-and external economic conditions may have influenced the possibly dismal performance.
2 mins
November 4, 2025
Manila Bulletin
China marks 76th founding anniversary with message of progress, peace, and friendship
In a heartfelt celebration marking the 76th anniversary of the founding of the People's Republic of China, Chinese ambassador to the Philippines Huang Xilian delivered a powerful message of unity, progress, and enduring friendship between China and the Philippines.
2 mins
November 4, 2025
Manila Bulletin
Factory activity returns to growth in October
Despite weather disturbances, the Philippines' manufacturing sector returned to growth in October, with the purchasing managers' index (PMI) climbing back above the 50 mark after September's slowdown.
2 mins
November 4, 2025
Manila Bulletin
Navigating the customer service maze
Despite the many digital channels available for customer service, many feel that getting support from their favorite telecom provider, bank, or even government office is becoming a struggle.
3 mins
November 4, 2025
Manila Bulletin
Reflections on a historic week in Asia
Returning from the capital of the Republic of Korea, I appreciated being there while the Asia Pacific Economic Conference (APEC) convened, and the high-level summits between US President Donald Trump and Chinese President Xi Jinping took place. Here are some reflections worth sharing with my readers.
2 mins
November 4, 2025
Manila Bulletin
Mayor Isko eyes commerce and culture balance in Halal Town plan, Golden Mosque rehab
Manila Mayor Francisco “Isko Moreno” Domagoso on Monday, Nov. 3, expressed the city government’s eagerness to find the perfect balance between sustaining the economy of Manila and preserving its rich history and culture as plans for the development of the long-awaited Halal Town and the major rehabilitation of the Golden Mosque Complex in Quiapo received the green light from the Department of Budget and Management (DBM).
3 mins
November 4, 2025
Listen
Translate
Change font size