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Thursday, July 24, 2025

PHL President PBBM gets 1% reprieve on US 20% tariff to the PHL, 0 tariff for US cars

It is more fun criticizing

PHL Pres BBM got a 1% discount off the US planned tariff to PHL exports US cars export to PHL 0 per cent.   Pres. Trump PBBM a tough negotiator.  (Tough?)

This is seen by PBBM as significant achievement.

Many PHL experts think PBBM should have asked for more given that we agreed to EDCA and we are in possession of REM.  But PBBM was in the White House in US, trump territory.  

Experts believe that 19% would have minimal effect on PHL economy given that semicon has 0 tariff, and exports to US has been down, but higher with China.  There are other countries to which PHL can export

Clearly US wants to live alone, and disrespectful of World Trade and has bullied many  nations.   We will not be wondering if there are angrier nations and or allies becoming enemies.    

We should really be independent of US policies and not be another  proxy country fighting for US vs Russia or China.  Time to be tough