Philippine-US tariff talks continue to protect domestic industries

Trade officials announced on Thursday that negotiations over the 19 percent tariff on Philippine exports to the United States would continue, emphasizing the need to protect domestic industries.

Philippine Trade and Industry Secretary Ma. Cristina Roque said in a joint statement with Special Assistant to the President Frederick Go that details of the agreement are still under discussion, noting that concessions will extend only to products not locally produced but crucial for reducing healthcare costs.

The officials assured that the tariff would be paid by US citizens and not Filipinos, highlighting that it is the second lowest in Asia after Singapore's 10 percent.

The deal excludes sugar, corn, rice, chicken, fish, and seafoods to protect local farmers and fishermen while ensuring strategic concessions for imports critical to reducing healthcare costs.

Negotiators will continue working closely with domestic stakeholders to finalize remaining details and ensure the agreement complements existing international trade commitments.