Peru's Keiko Fujimori announces fourth bid for presidency
Keiko Fujimori, the daughter of Peru's late former President Alberto Fujimori, said on Thursday she will run for president in the April election, days...
 
                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.”
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
Centrist liberal party D66, led by 38-year-old Rob Jetten, has made sweeping gains in the Dutch election, emerging neck and neck with Geert Wilders’ far-right Freedom Party (PVV) in early results — a stunning reversal just two years after D66 ranked sixth.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
Ukrainian President Volodymyr Zelenskyy said on Wednesday that the most difficult situation on the front line remains the eastern city of Pokrovsk, where fighting continues to be most intense due to a strong concentration of Russian forces.
Police in Dar es Salaam fired gunshots and tear gas on Thursday to break up renewed protests following a disputed general election, a Reuters witness said.
Keiko Fujimori, the daughter of Peru's late former President Alberto Fujimori, said on Thursday she will run for president in the April election, days after Peru's constitutional court dismissed a money-laundering case against her.
Britain's King Charles has stripped his younger brother Andrew of his title of prince and forced him out of his Windsor home, Buckingham Palace said on Thursday, seeking to distance the royals from him over his links to the Jeffrey Epstein scandal.
Hurricane Melissa's confirmed death toll climbed to 44 on Thursday, according to official reports, after wreaking destruction across much of the northern Caribbean and picking up speed as it headed toward Bermuda.
U.S. Vice President JD Vance on Thursday warned that a prolonged government shutdown could cause severe disruptions to air travel during the busy Thanksgiving holiday period, urging Democrats to help pass legislation to reopen the government.
The U.S. State Department has ordered the departure of all non-emergency personnel and their family members from Mali, citing escalating security risks as al Qaeda-linked insurgents tighten a fuel blockade on the country.
You can download the AnewZ application from Play Store and the App Store.
 
            
What is your opinion on this topic?
Leave the first comment