Siargao Island, featuring unspoiled beaches and surfing spots, is Surigao del Norte’s top tourist drawer. Tourism as a low-hanging fruit that can help the Philippine economy generate jobs and revenues. - PDI/ANN
MANILA: United States President Donald Trump backed down on his tariff madness and ordered last week a 90-day pause on punitive unilateral levies against dozens of countries, except for China. This somehow eased the worries of a widespread trade war plunging the global economy into a recession.
While the aim of the reprieve, according to Washington officials, is to give time for the US to negotiate with many affected countries that have requested for a dialogue, it will do well for the Philippines to take stock and brace the local economy for a potential foreign trade breakdown that remains very likely.
