News Snapshot:
The Philippines ranked the lowest among major ASEAN countries in taking advantage of the tariff advantage in the US market following the US-China trade war. The “The Impact of Section 301 Tariffs on China: An Analysis of US Import Trends for Indonesia and Select ASEAN Neighbors since 2017”, prepared by the Trade Partnership for US Chamber of Commerce in partnership with APINDO in December 2020 and updated in March this year, showed the Philippines lagging behind its ASEAN neighbors in taking advantage of the low tariff advantage of its products due to trade war. Javiera Gallardo, Director for Southeast Asia...
