PHL growth may fall below 6% due to US tariffs — AMRO - BusinessWorld Online
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4 Articles
PHL growth may fall below 6% due to US tariffs — AMRO - BusinessWorld Online
THE Philippines is poised to become the second-fastest growing economy in the region this year, but the US tariff policy may drive gross domestic product (GDP) growth to below 6%, the ASEAN+3 Macroeconomic Research Office (AMRO) said. “For now, our various scenarios of tariff actions, as per the ‘Liberation Day’ and ‘pause’ scenarios, growth in the Philippines will be negatively affected and likely will fall below 6%,” AMRO Group Head and Princi…
US tariffs impact on PH economy less vs. other countries – economist
By Joann Villanueva ECONOMIC RESILIENCE. ASEAN Macroeconomic Research Office chief economist Hoe Ee Khor leads a briefing in Singapore and streamed online on Tuesday (April 15, 2025). He forecast a lesser impact of the Trump administration’s tariff policy on the Philippines compared to other countries because of the country’s service-oriented economy. (Screen grabbed from AMRO website) MANILA – The Philippines will have a lesser hit from the Tru…
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