MANILA, Philippines — The Philippine government is pushing for tariff exemptions on local products not produced in the United States, as trade talks with Washington continue.
Agriculture Secretary Francisco Tiu Laurel Jr. said tariff negotiators are aiming for this concession.
This comes even as US President Donald Trump’s tariff policy was not discussed in the recent negotiations.
https://business.inquirer.net/550615/philippines-to-push-for-us-tariff-exemption-of-local-goods
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The tariff blitz continues. Donald Trump has now imposed a 100 per cent duty on pharmaceutical drugs from October 1. This could hurt Indias drug makers, as America is one of their largest markets, earning $8. 7 billion from pharma exports to the US in 2024 alone.
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