Trump hits Philippines and 6 more countries
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The Philippines is planning to negotiate with Washington to lower tariffs after the United States moved to impose higher 20% duties on goods imported from Manila, its ambassador to the United States said on Thursday.
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the global uncertainty, according to S&P Global Ratings.
Because of this scenario, nearly every conversation I have had with U.S. and Asian interlocutors about the Philippines in recent years has raised the same, uncomfortable strategic question: Would Sara Duterte revert to her father’s China-friendly policies and skepticism of the United States,
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Inquirer Business on MSNUnlike most peers, Philippines seen to benefit from US tariff concessionsCountries like the Philippines and Singapore could benefit from tariff concessions if negotiations with the Trump administration progress favorably, according to Dutch financial giant ING Bank, which flagged the building pressure on Asian economies facing higher-than-expected post-Liberation Day tariffs.
Fifteen police officers in the Philippines are in custody over their alleged role in the abductions and suspected killings of 34 cockfighting enthusiasts.
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In the jungles, plains and mountains of Luzon, the U.S. Army is experimenting with 3D-printed drones, missile launchers and new operational maneuvers in a test of their ability to defend the Philippines’ largest island.
Interest in the unsolved cases has surged since the televised appearance of a witness who claimed to know where bodies had been submerged in Lake Taal.
A surge in online gambling sites and Filipinos hooked on them has led to lawmakers seeking a ban against the ‘silent epidemic’.