getting a lower tariff is imperative
To make matters worse, Manila’s initial 17% tariff was upgraded to 20%, prompting the country to scramble a team to negotiate with their U.S. peers. Developments over the last two weeks eroded what could have been a significant edge for the Philippines back in April. Needless to say, getting a lower tariff is imperative for the country to attract more capital. The second is following up on U.S. investments. In 2022, U.S. company Cerberus thwarted a possible Chinese takeover of the strategic ex-Hanjin shipyard in Subic. The deal was billed as the biggest public-private partnership project in the 75-year history of Philippines-U.S. relations. However, since the acquisition by a financial entity ดูหนัง2025