The Philippines faces the lightest blow from Washington’s new tariff regime—just 17 % on average and with a third of its exports exempt—positioning Manila to lure trade and investment diverted from harder-hit neighbours, a Philippine Institute for Development Studies report says.
A Tariff Exposure Composite Index compiled by the Philippine Institute for Development Studies (PIDS) puts Manila’s overall risk at “moderate,” with an average U.S. duty of just 17 % — the smallest among the five countries surveyed (Malaysia, Thailand, Indonesia, Vietnam and the Philippines).
Although the Philippines has not escaped the trade friction sparked by President Donald Trump’s import taxes, its exposure is limited by generous exemptions: roughly one-third of Philippine shipments to the United States — mainly semiconductors, memory chips and storage devices — remain duty-free. By contrast, Indonesia pays a 32 % tariff and secures exemptions on only about 10 % of its exports, even though both nations share the same composite risk score of 2.2.
Vietnam and Thailand face far steeper headline tariffs of 46 % and 36 %, respectively, though those rates have been suspended until July. They also rank higher on the PIDS risk index, at 3.4 and 3.0, reflecting heavier reliance on the U.S. market and thinner exemption coverage.
Malaysia places second-best after the Philippines, with a 24 % duty and the region’s widest shield: exemptions protect nearly 46 % of its U.S. sales, largely in electronics and semiconductor equipment, giving it a risk score of 2.8.
Despite the advantage, PIDS warns the Philippines still trails Malaysia and Vietnam in manufacturing scale, logistics and its ability to absorb fresh investment. “The Philippines is strategically positioned to benefit,” wrote study author and former trade undersecretary Rafaelita Aldaba. “Its low tariff rate, strong exemptions for key exports and moderate exposure create an opportunity to attract trade and investment shifts. But real gains will hinge on rapid improvements in logistics, investment facilitation and targeted export promotion.”
South Korea will soon cease to be one of the few countries where Google Maps does not function fully, after its security-conscious government reversed...
Some of Iran's most highly enriched uranium, close to weapons grade, was stored in an underground area of its nuclear site in Isfahan, the UN nuclear ...
Pakistani air strikes hit a weapons depot on the western outskirts of Kabul overnight, triggering hours of secondary explosions that rattled homes acr...
Former President Bill Clinton is set to testify behind closed doors on Friday (27 February) before a congressional panel about his ties to the late se...
Speaking during a closed-door deposition in New York on Thursday (February), former U.S. Secretary of State Hillary Clinton said she did not “recall...
Speaking during a closed-door deposition in New York on Thursday (February), former U.S. Secretary of State Hillary Clinton said she did not “recall” ever meeting the late sex offender Jeffrey Epstein and had “no knowledge of his crimes”.
Pakistan’s declaration of an “open war” with Afghanistan must be understood in the context of months of escalating violence, regional analysts have said, describing the latest developments as a significant shift in the nature of the conflict.
Iran’s Foreign Minister Abbas Araghchi on Friday urged Afghanistan and Pakistan to resolve their differences through dialogue, offering Tehran’s assistance to facilitate understanding between its eastern neighbours.
Melania Trump, the First Lady of the United States, will chair a session of the United Nations Security Council on Monday in an historic first, becoming the first sitting first lady to preside over a council meeting during Washington’s monthly presidency of the body.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
The situation in Cuba was heating up and called for restraint following a deadly incident involving a Florida-registered speedboat off the coast of the Caribbean island, the Kremlin said on Thursday (26 February).
Syria’s economy is showing clear signs of recovery, with economic activity accelerating in recent months, the International Monetary Fund (IMF) said on Wednesday.
The United States has deployed the aircraft carrier USS Gerald R. Ford near Israel as part of a growing military build-up amid tensions with Iran, while governments around the world urge their citizens to leave parts of the region.
Pakistani air strikes hit a weapons depot on the western outskirts of Kabul overnight, triggering hours of secondary explosions that rattled homes across the Afghan capital and left residents fearing further violence.
Some of Iran's most highly enriched uranium, close to weapons grade, was stored in an underground area of its nuclear site in Isfahan, the UN nuclear watchdog said in a confidential report sent to member states on Friday (27 February).
Former President Bill Clinton is set to testify behind closed doors on Friday (27 February) before a congressional panel about his ties to the late sex offender Jeffrey Epstein.
Four people were killed and six detained after armed Cuban exiles aboard a Florida-registered speedboat were intercepted at sea on Wednesday, drawing swift reactions from Washington, Havana and Moscow.
Speaking during a closed-door deposition in New York on Thursday (February), former U.S. Secretary of State Hillary Clinton said she did not “recall” ever meeting the late sex offender Jeffrey Epstein and had “no knowledge of his crimes”.
Britain’s Ministry of Defence is reviewing military flight records after files appeared to show that Jeffrey Epstein’s private jet landed at Royal Air Force bases, adding fresh pressure on police who are already examining his movements through several civilian airports.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment