Philippines, US discuss tariff relief in ongoing trade talks

The Philippines is maintaining ongoing communication with US officials regarding tariff rates and policies, according to Palace Press Officer Undersecretary Atty. Claire Castro.

Castro stated during a press briefing that the Department of Trade and Industry and the Office of the Special Assistant to the President are in constant contact with the US Trade Representative but cannot disclose details due to confidentiality agreements.

The Philippine delegation is seeking tariff relief after U.S. President Donald Trump imposed a 17-percent reciprocal tariff on Philippine exports, which has been paused but replaced by a blanket 10-percent tariff for 90 days.

According to Castro, the US set a June 4 deadline for its trading partners to provide their best proposals in areas such as tariff and quota offers for purchasing US industrial and agricultural products.

The Philippines is satisfied with the progress of trade talks weeks ahead of Washington's July mid-month deadline, aiming to secure an agreement that supports economic priorities and strengthens bilateral relations.

President Ferdinand R. Marcos Jr. noted that unexpected trade barriers could disrupt communities, supply chains, and regional progress within ASEAN.

A Technical Working Group of the Foreign Trade Office will work with the US Trade Representative's office to finalize details following a productive meeting last May.