Chiz Escudero urges PH to prep for Trump policy shifts

Senate President Francis "Chiz" Escudero urged the Philippine government to prepare for potential policy shifts under Donald Trump's new term as US President, emphasizing the need for proactive measures.

Escudero highlighted that Trump's proposed policies on trade, security, and immigration could significantly impact the Philippines.

A mass deportation plan by Trump could affect approximately 300,000 Filipinos residing in the US, a substantial portion of the over 4.6 million Filipinos living there.

Filipinos constitute the fifth-largest unauthorized immigrant population in the US, with around 350,000 individuals in 2022.

Escudero also raised concerns about the potential effects of Trump's proposed high tariff walls on the Philippine economy, noting that a significant portion of export earnings come from trade with the US.

He further elaborated on the economic implications, questioning the impact of a strengthened US dollar, potentially caused by Trump's policies, on the weakening Philippine peso and the country's foreign debt.

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