In early April, the Philippines responded with “guarded optimism” to US President Donald Trump’s sweeping tariffs, saying higher rates placed on its neighbors could present an opportunity. Hit with Trump’s reciprocal levy of 17%, the Department of Trade and Industry (DTI) sought to re-frame it by stating that the “the new tariffs put the Philippines in a more advantageous position,” as Trade Secretary Cristina…
Trump’s Tariffs Threats Against the Global South, ASEAN and the Philippines
July 18, 2025