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

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President Ferdinand Marcos secures a one-percent US tariff cut and defence pledges from US President Donald Trump, but analysts say the deal highlights Manila’s limited leverage and need to diversify.

THE Philippines is pushing for zero tariffs on a select list of exports to the United States as part of a broader strategy to deepen trade relations and attract investments, a Cabinet official said. Speaking to reporters last week,

The Philippines is open to reducing tariffs on some products from United States as part of its bid to secure zero or lower reciprocal tariff from the US, Finance Secretary Ralph Recto said. "Not for all products but we have identified a set of products,