Philippines’ trade deals to mitigate impacts of US reciprocal tariffs

The Philippines’ FTAs and other preferential trade schemes are expected to mitigate the impact of the US reciprocal tariff on Philippine exporters, Philippine Economic Zone Authority director general Tereso Panga has said. The Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy will also facilitate investments into the country, he noted.

Apr 6, 2025 - 06:23
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Philippines’ trade deals to mitigate impacts of US reciprocal tariffs
The Philippines’ FTAs and other preferential trade schemes are expected to mitigate the impact of the US reciprocal tariff on Philippine exporters, Philippine Economic Zone Authority director general Tereso Panga has said. The Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy will also facilitate investments into the country, he noted.