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Pilipinas, inaasahang makikinabang sa ipinataw na taripa ng U.S.
PTVPhilippines
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4/7/2025
Pilipinas, inaasahang makikinabang sa ipinataw na taripa ng U.S.
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Transcript
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00:00
The Philippines will still benefit from the US tariff in our country because it will slow down inflation.
00:08
The government's plans and programs will continue to boost the economy of the Philippines.
00:16
This is Angela Peñalosa of Radyo Pilipinas for Balitang Pambansa.
00:22
If inflation is the topic of discussion, will the US reciprocal tariff in the Philippines help?
00:31
In a statement by Radyo Pilipinas, Undersecretary Rosemarie Edelion of the National Economic and Development Authority said
00:38
that inflation will still slow down because the demand of export products in America will weaken
00:44
while the supply of products here in the Philippines will increase.
00:48
In the immediate term, it won't change.
00:50
But for example, in a short period of time, over the next few months, the demand may slow down.
00:57
So what will happen is that our country's supply will increase because we will be the first to absorb it.
01:04
So far, NEDA is still studying if the US tariff will affect the gross domestic product of the Philippines.
01:11
But Edelion explained that the government is implementing measures and programs
01:17
to maintain a low inflation rate in the Philippines and not affect the economy.
01:23
One of the things they see as helping in slowing inflation is meat and fish
01:30
because of the ongoing concern of the government.
01:34
Our intervention in the vaccine of the AFF is ongoing.
01:39
As for fish, what we need here is to broaden our aquaculture.
01:46
The issuance of the Certificate of Necessity to Import is also underway
01:50
which will be effective in the closed fishing season
01:53
to help with the rapid planning of the so-called sector.
01:57
In the middle of the reciprocal tariff of America,
01:59
NEDA also gave time for the Philippines to strengthen its free trade agreement with ASEAN and other countries.
02:08
From Radyo Pilipinas, Angela Penaloza for Balitang Pambansa.
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