Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
DOF Sec. Recto, positibo sa ilang oportunidad na papasok sa Pilipinas sa kabila ng trade war
PTVPhilippines
Follow
4/8/2025
DOF Sec. Recto, positibo sa ilang oportunidad na papasok sa Pilipinas sa kabila ng trade war
For more news, visit:
►https://www.ptvnews.ph/
Subscribe to our DailyMotion Channel:
►http://www.dailymotion.com/peoples-television-incorporated
Subscribe to our YouTube channel:
►http://www.youtube.com/ptvphilippines
Like our Facebook pages:
►PTV: http://facebook.com/PTVph
►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas
Follow us on Twitter:
►http://twitter.com/PTVph
Follow us on Instagram:
►https://www.instagram.com/ptvph
Watch our livestream on:
►http://ptvnews.ph/livestream/
►https://www.dailymotion.com/PTVPhilippines
Watch our News Programs, every Mondays to Fridays
Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am
Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm |
6:00 - 6:30pm | 9:30 - 10:00 pm
PTV Sports - 8:00 - 9:00 am
Bagong Pilipinas Ngayon - 12:30 - 1:00 pm
Sentro Balita - 1:00 pm - 2:00 pm
Ulat Bayan - 6:30 pm - 7:00 pm
PTV News Tonight - 10:00 pm - 10:30 pm
Saturday & Sunday:
►Sentro Balita Weekend - 1:30 - 2:00 pm
►Ulat Bayan Weekend - 6:15 pm - 7:00 pm
Category
🗞
News
Transcript
Display full video transcript
00:00
The Finance Department became more positive about the broad opportunity of the Philippines in the middle of the 17% annual tariff of the U.S.
00:10
The government also emphasized how dependent the economy is on its own household or domestic consumption.
00:17
Details of the news were reported by Alvin Baltazar of Radyo Pilipinas.
00:23
Although the 17% annual tariff of the U.S. is not considered advantageous,
00:29
Finance Secretary Ralph Rector said that there are still opportunities to enter the housing market in the country.
00:35
According to him, the 17% tariff has no negative effect, but on the other hand, it also has a positive effect,
00:42
especially for the Philippines, which has the lowest tariff.
00:47
He said that this is one of the reasons why the leaders of the Philippines are looking for a higher tariff for their products.
00:55
The tariff is cheaper, Rector said, although there was an increase, it is still an advantage for the investors.
01:17
The Finance Chief added that the increase in the tariff of the Philippines has no negative effect compared to other countries in the region.
01:25
He did not include export-led growth like many countries that we are with.
01:30
The reason is that two-thirds of the Philippine economy is domestic consumption.
01:35
This shows how dependent the economy is on its own household rather than export or foreign trade.
01:42
Domestic consumption refers to the consumption or use of products and services within a country by its citizens.
01:50
The good thing is that two-thirds of the Philippine economy is domestic consumption.
01:57
We are not export-led growth like many countries within our region.
02:02
For example, we will be affected less than other countries in the region, so to speak.
02:09
He also highlighted the small tariff in the Philippines compared to other neighboring countries like Vietnam where the tariff is at 46%.
02:18
The reason is that the Philippine trade surplus in the United States is not that large,
02:22
which supports Rector's statement that the Philippine domestic consumption is larger than its export to the United States.
02:30
The Philippine trade surplus in the United States is small.
02:34
That is why it is not surprising to me why the tariff is so low.
Recommended
2:13
|
Up next
Pilipinas, inaasahang makikinabang sa ipinataw na taripa ng U.S.
PTVPhilippines
4/7/2025
2:41
PBBM, kumpyansa na makakamit ng Pilipinas ang upper middle country status ngayong 2025
PTVPhilippines
1/13/2025
4:08
NMESIS missile system ng US, nasa Pilipinas na at posibleng manatili pa pagkatapos ng Balikatan 2025
PTVPhilippines
4/15/2025
3:08
PBBM, ikinampanya ang Alyansa Para Sa Bagong Pilipinas sa Davao del Norte
PTVPhilippines
2/16/2025
2:24
3K trabaho, alok sa Bagong Pilipinas para sa 4PS Job Fair ng DOLE sa Dumaguete;
PTVPhilippines
2/21/2025
1:42
NBI, handang imbestigahan si dating Pres. Duterte sa oras na may magsampa ng reklamo
PTVPhilippines
2/18/2025
1:29
PBBM, pangungunahan ang campaign rally ng Alyansa para sa Bagong Pilipinas sa Bulacan
PTVPhilippines
5/7/2025
1:31
DMW, handa na sa posibleng epekto ng foreign policy sa mga Filipino sa Amerika
PTVPhilippines
1/31/2025
0:40
Pagpapadala ng mga manggagawang Pinoy sa Kuwait, hihigpitan ng DMW
PTVPhilippines
2/18/2025
0:56
PBBM, tiniyak ang pagpapalakas sa industriya ng pangingisda sa bansa
PTVPhilippines
7/4/2025
1:11
DOLE, naglunsad ng mga job fair para sa mga Pilipino
PTVPhilippines
3/17/2025
2:41
PBBM, tiwalang makakamit ng Pilipinas ang pagiging upper middle-income country status ngayong taon
PTVPhilippines
1/13/2025
0:40
Mahigit P4-T na halaga ng puhunan, nakalap ng Pilipinas ngayong Marso
PTVPhilippines
3/13/2025
2:29
DOT, ikinatuwa ang pagpasok ng Pilipinas sa Top 10 ng Global Muslim Travel Index
PTVPhilippines
7/3/2025
0:54
OFW Bagong Pilipinas Serbisyo Caravan sa San Fernando City, Pampanga, umarangkada na
PTVPhilippines
2/25/2025
2:20
PBBM pangungunahan ang kick-off rally ng Alyansa para sa Bagong Pilipinas sa Ilocos Norte
PTVPhilippines
2/11/2025
2:22
NFA, target na makapagpalabas ng bigas sa merkado
PTVPhilippines
1/16/2025
1:24
Mga nagwagi sa ‘Parada ng Kalayaan 2025’, pinarangalan ni PBBM
PTVPhilippines
7/11/2025
0:57
93 baril, nakumpiska; 100 indibidwal, naaresto ng PNP hinggil sa ipinatutupad na nationwide Comelec gun ban
PTVPhilippines
1/16/2025
3:05
Mga lokal na pamahalaan, maglalabas ng guidelines para sa reselling ng NFA rice
PTVPhilippines
2/19/2025
1:27
Tulong sa mga Pilipinong biktima ng pag-atake sa Vancouver, Canada, ipinag-utos ni PBBM
PTVPhilippines
4/28/2025
2:19
OFW Bagong Pilipinas Serbisyo Caravan, aarangkada sa San Fernando, Pampanga ngayong araw
PTVPhilippines
2/25/2025
2:01
U.S. Defense Sec. Hegseth, nakatakdang makipagkita sa Malacañang kay PBBM ngayong araw
PTVPhilippines
3/28/2025
0:48
66K MT ng asukal, nakatakdang i-export ng Pilipinas sa U.S. ayon sa SRA
PTVPhilippines
4/2/2025
0:48
PBBM, nagpahayag ng interes na palakasin ang ugnayan ng Pilipinas at Panama
PTVPhilippines
3/14/2025