Critics warn the new rate, a modest shift from the previous 20 per cent, undermines fair trade and puts Philippine industries ...

Manila’s envoy to Washington believes there is room for further improvement beyond the 19% Donald Trump announced.

In a statement, BMI noted that the tariff rate for the Philippines came in "significantly above" what they were expecting.

The Philippine economy may be headed for one of its slowest growth years since the pandemic, as headwinds from the US tariff storm gather strength. In separate reports released on Wednesday, the Asian ...