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Report
Lawmaker/economist believes PH can take advantage of opportunities from U.S. imposition of tariffs
PTVPhilippines
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4/4/2025
Lawmaker/economist believes PH can take advantage of opportunities from U.S. imposition of tariffs
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Transcript
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00:00
Following the palace reassurance to the public on the new tariffs imposed by the United States
00:05
on imports from over a hundred trading partners including the Philippines, House Ways and
00:10
Means Committee Chair Joey Salceda believes that the policy shift could also present potential
00:15
opportunities.
00:16
Salceda acknowledged that sovereign nations have their right to set their own trade policies
00:22
and expressed surprise that the tariffs imposed on the Philippines were lower than he initially
00:27
expected.
00:28
He further noted that compared to its competitors, the Philippines faces relatively lower retaliatory
00:34
tariffs suggesting that there may be opportunities worth exploring despite the new trade measures.
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