Nevertheless, the US remains the biggest destination of Philippine exports (about 17 per cent of total exports), and the semiconductor industry is likely to be hit significantly. On Monday (Jul 28), Marcos Jr will deliver his fourth State of the Nation Address, and he is likely to brag about the profuse praise he got from Trump as well as the new tariff rate. JC Punongbayan is an assistant professor at the University of the Philippines School of Economics and Aries A Arugay is Visiting Senior Fellow and Coordinator of the Philippine Studies Programme at ISEAS – Yusof Ishak Institute.
Published at: 2025-07-26 22:00:00
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