The Philippines will aim to bring down the tariff imposed by the US to 15% from 19%, Manila’s envoy to Washington said.

Critics warn the new rate, a modest shift from the previous 20 per cent, undermines fair trade and puts Philippine industries ...

While the announcement comes as a relief, it still signals that Trump envisions a world of high tariff barriers even with ...

In a statement, BMI noted that the tariff rate for the Philippines came in "significantly above" what they were expecting.