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  • 4/7/2025
Ramdam pa rin ngayong araw sa Asya kabilang sa Pilipinas ang epekto ng dagdag-taripang ipinapataw ng Amerika sa produkto ng ibang bansa partikular sa halaga ng stocks. Aminado ang gobyerno na may epekto rin ito sa ekonomiya ng pilipinas pero may mga ikakasa itong hakbang. 


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Transcript
00:00It is still felt today in Asia, including the Philippines,
00:04the effect of the increase in tariffs imposed by America on the products of other countries,
00:10particularly in terms of stocks.
00:12The government admitted that this also has an effect on the economy of the Philippines.
00:17But there are some issues in this gap.
00:20Ivan Mayrina was able to point it out.
00:22In Washington D.C., the center of the American government.
00:31Or in New York, the center of those businesses.
00:37Even in Los Angeles.
00:41And other places.
00:43More than 1,000 gatherings were held in America this weekend
00:47against US President Donald Trump and his billionaire ally Elon Musk.
00:51Their next steps are to speed up the change of government and the expansion of the presidential authority.
00:59As Trump's ally, the increase in tariffs on the products of other countries that are imported to America
01:05was protested against in other countries such as Canada, Germany, and France.
01:13This effect is not only in America, but also in the economy and the size of the world.
01:19Just last week, the stock market value of S&P 500 companies lost $5 trillion
01:25because of the alarming effect of the increase in tariffs imposed by America.
01:29The price of oil and commodities also fell.
01:32And earlier, this continued to have an effect in Asia, including stocks in Japan and Hong Kong.
01:38And even in the Philippines, where the lowest closing in two and a half years,
01:43the Philippine Stock Exchange.
01:45The government admitted that the reciprocal tariff imposed by America on other countries has an effect.
01:50No matter how we are affected by that, because the whole world imposed high tariffs,
01:57the economy of the whole world will weaken.
02:01So we are all affected by that.
02:04But because 17% tariff imposed in the Philippines is the second lowest in Asia,
02:10this is an opportunity for foreign companies to manufacture in the Philippines instead of others.
02:29This is also an opportunity for Philippine exporters to do the same as those exported to other countries.
02:34For example, the advantage for the Philippines is that America will impose a double tariff on those from Thailand who are also exporting.
02:53According to Malacanang, some laws such as the Create More Act,
02:57which gives incentives to the governments to open facilities and raise funds here in the country.
03:03In addition, it will announce more detailed economic path for addressing the tariffs of America.
03:10For GMA Rating News, Ivan Mayrina, Nakatutok, 24 Hours.

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