PHL seeking to manage US trade unpredictability

THE PHILIPPINES will push for “stable and predictable” trade relations with the US following President Donald J. Trump’s decision to impose a 15% global tariff, as economic managers assess risks to exporters, the Palace said on Wednesday.

Quoting the economic managers, Palace Press Officer Clarissa A. Castro said the government is in talks with the US to evaluate the potential impact of the tariff order.

“Our goal is to ensure that our trade and investment relations with the US remain stable and predictable,” she said.

The US will be imposing a new 15% duty on imports starting Feb. 24. 

Reuters has also reported that Washington will impose another 10% tariff on all goods not covered by exemptions, citing a notice from the US Customs and Border Protection.

The US Supreme Court has ruled Mr. Trump overstepped his authority when he imposed the reciprocal tariffs.

It invalidated duties imposed by the administration on China, Japan, South Korea, Taiwan and Southeast Asian nations. Philippine goods faced a 19% levy.

“We will continue to engage with the US given that US remains a major trading partner. In the meantime, we will evaluate and monitor recent developments,” Ms. Castro said.

Trade Secretary Ma. Cristina A. Roque said on Tuesday that the Philippines is hoping to lead discussions among Association of Southeast Asian Nations members for a unified stance on the new levies.

She said the US tariffs will be discussed by economic ministers on March 13 in Manila.

President Ferdinand R. Marcos, Jr. said on Tuesday that the Philippines will broaden trade ties to counter slowing economic growth and unpredictable trade policies.

Growth dipped to a post-pandemic low of 4.4% in 2025, weighed down by a corruption scandal that dented spending, consumption and confidence.

The Philippines is now seeking to tap markets in Latin America, the EU and Canada to diversify its trade and shield itself from shocks. — Chloe Mari A. Hufana