The Philippines and the United States wrapped up their trade talks on a strong and hopeful note, despite the looming shadow of US-imposed reciprocal tariffs on Filipino goods.
In a spirited session held in Washington, Philippine Special Assistant to the President for Investment and Economic Affairs, Secretary Frederick Go, led the discussions alongside Trade and Industry Secretary Ma. Cristina Roque and Philippine Ambassador to the US Jose Manuel Romualdez. Their US counterpart, Trade Representative Jamieson Greer, listened closely as both sides explored ways to deepen economic ties.
“We made it clear that the welfare of our local industries must be at the heart of these negotiations,” Secretary Go emphasized. He voiced optimism that the talks would pave the way for a robust partnership that benefits both nations and diversifies the Philippines’ export markets. “Our ultimate goal is a partnership that nurtures growth at home while strengthening trade links with the US,” he added.
Secretary Roque echoed this positive outlook, highlighting that the Philippine delegation effectively communicated the concerns and needs of local industries. “We are hopeful these discussions will bring the results our industries seek,” she said.
Ambassador Romualdez took to social media, sharing that the meeting focused on concrete steps to advance a mutually beneficial economic partnership. “We continue to spread the word: the Philippines is open for business,” he declared.
This high-stakes dialogue was sparked by concerns over US President Donald Trump’s 17-percent reciprocal tariff targeting Philippine exports—currently the second lowest in Southeast Asia. Although these tariffs are temporarily suspended until July 8 (except for China), their enforcement threatens to disrupt industries nationwide.
During the talks, Filipino officials laid out how these tariffs could both challenge and present opportunities for a variety of export sectors. The careful exchange marked a crucial moment in reinforcing US-Philippine trade ties amid shifting global economic winds.
As these nations navigate complex trade waters, Manila stands firm—pushing for a future where Philippine industries thrive alongside their American partners.
