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tariffs

Global trade has remained resilient so far, but a sharp slowdown is underway – WB

The World Bank expects global grade growth to slow markedly this year, largely because of the cumulative effects of higher tariffs and elevated policy...

Trump slaps even higher tariff on PH goods starting Aug. 1

Efforts by the Department of Trade and Industry (DTI) to negotiate for lower tariffs with the Trump administration fell on deaf ears with the...

DBCC sees exports contraction, further imports acceleration

The Philippines merchandize exports are expected to contract by 2.0 percent this year, while exports are expected to to rise by 3.5 percent and...

EU announces countermeasures in response to US tariffs

In response to the United States' imposition of "unjustified" tariffs on EU steel and aluminum imports, the European Commission has swiftly initiated countermeasures targeting...

Canada files WTO complaint vs US tariffs

Canada has formally requested consultations with the United States under the World Trade Organization (WTO) framework regarding new U.S. tariff measures imposed on goods...

PEZA urges gov’t to pursue bilateral FTA with US

Tereso O. Panga, director general of the Philippine Economic Zone Authority (PEZA), urged that the government pursue the planned bilateral free trade agreement with...
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