Reforms Needed for Philippines to Capitalize on Trump Tariffs, Study Finds
Manila: The Philippines can benefit from the imposition of US President Donald Trump’s tariffs, but reforms must be implemented to take advantage of the opportunities. “For smaller economies like the Philippines, the Trump tariffs present a strategic opportunity to attract investments and integrate deeper into reconfigured supply chains, but only if the country reforms quickly to offer reliable infrastructure, skilled labor, and industrial policy that would position the Philippines as a trusted tariff-resilient production hub,” Philippine Institute for Development Studies (PIDS) Research Fellow Dr. Rafaelita Aldaba said during a policy forum held at the Bangko Sentral ng Pilipinas (BSP) office