[In This Economy] Trump imposes a 17% tariff on the Philippines: What can we do?


Source: rappler.com rappler.com

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Trump called his global tariff announcement 'Liberation Day.' But in effect, he’s pinning down the world and shackling us all to a global trade war which nobody will win. Just as expected, US President Donald Trump doubled down on his protectionist trade policies and announced on Thursday, April 3 (Manila time) that his government will be imposing steep tariffs on many countries, including the Philippines. In a Rose Garden event at the White House, Trump brandished a table showing how much the new tariffs will be. Apart from imposing a blanket 10% tariff on imports coming from all countries, tariffs...