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Philippines braces for US tariff, focuses on attracting investors and strengthening domestic demand.
The Philippine economy is showing resilience despite global trade uncertainties, driven by domestic demand.
Facing a 17% tariff on its exports to the US starting April 9, the Philippines sees opportunities to attract foreign investors and become a hub for global value chains.
The government is using tax incentives and pursuing free trade deals to remain competitive.
While officials anticipate minimal immediate impact, they are preparing for potential long-term disruptions.
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Filipinas se prepara para los aranceles estadounidenses, se centra en atraer inversores y fortalecer la demanda interna.