Senator Imee Marcos warned that the upcoming US presidential election between Kamala Harris and Donald Trump could significantly impact the Philippines due to potential policy shifts.
Marcos, who chairs the Senate Committee on Foreign Relations, stated that the Philippines must prepare for these potential effects.
She highlighted the substantial population of Filipino-Americans in the US and the integral role of US economic stability to the global economy.
Potential stricter US immigration policies could lead to the deportation of undocumented Filipinos, while a push to bring American companies back to the US might reduce investments and BPO jobs in the Philippines.
Marcos expressed concern that the Philippines has been missing out on major foreign investments, even under the current US 'friend-shoring' policy.
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