MANILA: The Philippines may have caught a rare break under US President Donald Trump’s latest tariff impositions, and it is hoping to turn that into an edge.
Faced with a tariff rate of only 17 per cent, one of the lowest in the region, Manila is moving swiftly to reposition itself as the region’s next supply chain hub, with both government officials and industry leaders pitching the country as an alternative option for manufacturers looking to spread their operations beyond China.
