From July 20ā22, President Marcos Jr. is set to meet former U.S. President Donald Trump to discuss critical issues such as:
š 20% tariff on Philippine goods
šŖ Missile testing: Typhon systems in the Philippines
š¤ Strategic defense cooperation
The big question:
If this 20% tariff is enforced, how will it impact Philippine exports like electronics, coconut oil, and canned goods?
š” Infographic: Top 5 PH Exports at Risk
- Electronics (semi-conductors)
- Processed food (tuna, banana chips)
- Coconut oil
- Textiles
- Furniture
š„ Economic Insight:
Will this be a double blow for OFWs and exporters?
Should the Philippines strengthen its local industries first before diving into risky trade deals?
š Source: Reuters
š³ļø Zap if you care about the economic future of the Philippines šµš