With just 90 days before the U.S. tariffs resume, the Philippine Institute for Development Studies (PIDS) and Bangko Sentral ng Pilipinas (BSP) convened top officials, industry leaders, and researchers on May 26, 2025, to explore how the Philippines and ASEAN economies can respond to the U.S.’s new reciprocal tariff policy— and position the region as a resilient, investment-ready hub amid shifting global trade dynamics. 

The event featured a keynote on global trade recalibration and the country’s strategic options, and a presentation by Dr. Rafaelita Aldaba on the impact of the tariffs on Philippine industries and possible ways forward. 

Two panel discussions were also held with leaders from the business and the government sectors, underscoring the importance of aligning human capital development and private sector responses with an integrated industrial strategy.


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