Rappler
Trump tariffs an opportunity to boost Philippine exports to US — DTI
The Philippines sees an opportunity to boost exports to the US following the imposition of a 17% reciprocal tariff by US President Donald Trump.
Trade Secretary Maria Cristina Aldeguer-Roque stated that the Philippines' tariff rate is advantageous compared to those imposed on neighboring Asian countries like Vietnam (46%) and Indonesia (32%).
The DTI's initial analysis suggests the US tariffs will not impact the Philippines as severely as they will affect its Southeast Asian peers.
Secretary Roque plans to meet with US Commerce Secretary Howard Lutnick to discuss enhancing trade relations.
The Philippines aims to secure enhanced market access for key exports such as automobiles, dairy products, frozen meat, and soybeans through a bilateral free trade agreement.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go will travel to the United States to meet with US Trade Representative Jamieson Greer regarding President Donald Trump's announced 17% reciprocal tariff on Philippine goods.
+5
Read more →
US President Donald Trump announced a 17% reciprocal tariff on all Philippine goods, effective April 9, as part of his "Liberation Day" tariff plan impacting 11 ASEAN countries.
+3
Read more →
The Philippine government, through the Department of Trade and Industry (DTI), is evaluating the strategic opportunities arising from the 17 percent reciprocal tariffs imposed by the US on its imports.
Read more →
Philippine Agriculture Secretary Francisco Tiu Laurel Jr. believes that the US's imposition of global tariffs may give Philippine agricultural products an edge over those from neighboring countries.
Read more →
The Philippine government, through Trade Secretary Ma. Cristina Roque, has stated that the Philippines will not engage in retaliatory measures against the recently imposed 17-percent tariff on certain Philippine goods entering the US market.
Read more →