Trump Tariffs a potential boon for the Philippines

U.S. President Donald Trump’s “reciprocal” tariffs have created a potential advantage for the Philippines, which was only assessed an 18 percent import duty -- the second lowest among Southeast Asian countries -- in the original tariff announcement.\n\nTaiwanese businesspeople in the Philippines and a Filipino official told CNA that the uncertainty surrounding Trump’s policy is prompting many foreign businesses, including Taiwanese vendors, to consider relocating their factories to the Philippines to diversify their production lines.