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Manila Bulletin·3 min read·medium

12.5% US tariff on PH exports rattles exporters

C
Calvin Cordova
12.5% US tariff on PH exports rattles exporters
✦AI Summary

Philippine exporters are concerned about a new 12.5% US tariff imposed on goods from countries failing to meet labor standards. Industry groups are calling for government intervention to negotiate with the US to protect small and medium enterprises.

Why it matters

Trade barriers can significantly impact the competitiveness of developing economies and their small business sectors.

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Manila Bulletin - 12.5% US tariff on PH exports rattles exporters

12.5% US tariff on PH exports rattles exporters

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