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Philippines overall tariff's reduced to 6.3 on exports to USA???

Enzyte Bob

I saw Youtube videos that claim Marcos has made a deal with Trump administration that will reduces the overall tariffs to 6.3% on Philippine exports.


They further claim some countries within the SEA  with higher tariffs will move their manufacturing to the Philippines to exploit the new lower tariffs.

See also

Tax in the PhilippinesTaxes for expats in the PhilippinesBuying a House in Baguio Tax to pay ?SS to increase coming.Johnnyair Shipping
talamban

I also saw the video. I just want the Peso to level out at 60 or so. This roller coaster is driving me crazy.

bigpearl

Drives most crazy talamban. For an Aussie we see it low and high, 34 to 40 pesos to the buck over the last 15 years that I have seen, we simply wait for the highs and exchange 1.5 to 2M pesos, draw it out and stick in the safe,,,,, yes always the questions from the bank, deal with them we do.


To me matters little where one lives as the 2 super powers control the world economy and a pleb like me is powerless at that level.


Cheers, Steve.