The upcoming implementation of the 20% U.S. tariff on Philippine exports, effective August 1, is more than a trade penalty—it is a critical signal for the Philippines to reassess its global trade strategy.
In an episode of #Business360 with Maiki Oreta, PIDS Senior Research Fellow Dr. Jose Ramon "JP" Rivera provides expert analysis on the broader implications of this tariff hike. The conversation delves into how this development could affect jobs, foreign investment, and the country’s long-term economic growth, underscoring the urgency of strengthening the Philippines’ competitiveness and resilience in an increasingly volatile global trade environment.
“This is not just about taxation—it’s about strategy, sovereignty, and our place in a global economy where economic policy is increasingly used as a geopolitical tool,” Dr. Rivera explains.
Watch the full interview here: https://www.facebook.com/share/p/19AnE8biwG/
