Trump pauses tariffs on millions of low-value packages from China

Associated Press 02/09/2025

WASHINGTON (AP) — President Donald Trump has paused imposing tariffs on small-value packages arriving from China, apparently to give federal agencies time to sort out how to process millions of such shipments that have come through the…

Trump imposes tariffs on Canada, Mexico and China, raising prospect of inflation and trade conflict

Associated Press 02/02/2025

PALM BEACH, Fla. (AP) — President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China — fulfilling one of his post-campaign commitments to voters that also carries the…

Trump commerce pick says favors broad tariffs, vows tough China stance

Agence France Presse 01/30/2025

WASHINGTON DC, United States – Donald Trump’s commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors “across-the-board” tariffs targeting countries rather than products, while signaling a hawkish China stance. “We can use tariffs to…

Trump calls meeting with Trudeau ‘productive’ after tariff threat

AFP 12/01/2024

Palm Beach, United States – Donald Trump said Saturday that a surprise meeting with Canadian Prime Minister Justin Trudeau in Florida was “very productive,” days after the incoming US leader rattled Ottawa with a vow to impose…

PCCI urges gov’t: Streamline trade policies

Alden M. Monzon 08/23/2024

The Philippines’ largest business group urged the government on Wednesday to streamline trade policies, especially with the trade deficit now at $4.30 billion and a renewed focus on supporting MSMEs. Philippine Chamber of Commerce and Industry (PCCI)…

Marcos: PH, South Korea to sign free trade pact this year

Julie Aurelio 05/04/2024

President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean…

DFA welcomes resumption of PH-EU free trade agreement talks

03/21/2024

MANILA, Philippines — The Department of Foreign Affairs (DFA) on Thursday expressed its anticipation for continued coordination and dialogue towards a “comprehensive, balanced, and modern” Philippines-European Union Free Trade Agreement (PH-EU FTA). The agency welcomed the restart of…

PH secures $4.2B investment deals with Germany

Julie Aurelio 03/13/2024

Berlin – President Ferdinand Marcos Jr. has successfully obtained over $4 billion in foreign investments from German companies to enhance collaboration in healthcare, information technology, agriculture, and manufacturing sectors in the Philippines during his recent visit to…

KKR to invest $400 million in Philippine telecoms tower business

03/13/2024

MANILA (Reuters) – Private equity firm KKR & Co will invest $400 million in telecoms tower operations and expansion in the Philippines, the U.S. Department of Commerce said on Wednesday, among a slew of deals in a…

US presidential investment mission arrives in PH for the first time

03/11/2024

President Ferdinand Marcos Jr.’s visit to Washington last year has resulted in the US government organizing its first Presidential Trade and Investment Mission to the Philippines. Led by US Secretary of Commerce Gina Raimondo, the mission includes…

‘High-level’ US trade mission to arrive in PH next week

Adrian Parungao 03/10/2024

MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer  Jollan Llaneza, the delegation, led…

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

Alden M. Monzon 02/16/2024

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced…

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