Philippine exporters are expecting higher demand after the US Supreme Court struck down Trump-era reciprocal tariffs, which had imposed a 19-percent duty on Philippine goods since August 2025.
Philexport president Sergio Ortiz-Luis Jr. said the ruling removes an unfair barrier and restores constitutional checks on American trade power, calling it a “significant victory for a rules-based trading system.”
While former President Trump quickly imposed a temporary 10-percent global tariff, critical Philippine exports like semiconductors and over $1 billion in agricultural products remain largely exempt.
Ortiz-Luis noted that the temporary nature of the new tariff preserves the Philippines’ competitiveness and offers a window for bilateral trade negotiations with the US.
The ruling, along with exemptions and growing global demand, helped push Philippine merchandise exports to a record $84.41 billion last year and is expected to support continued growth this year.
Source: PhilNews24 | February 22, 2026
Latest from Business
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) warned that the government’s proposed nutrient profile
The Department of Trade and Industry (DTI) is reviewing requests from manufacturers of sardines and noodles
A Filipino entrepreneur has raised concerns over the lack of protection and standardization in the global
The Department of Agriculture (Department of Agriculture) announced a suggested retail price of ₱53 per kilo
The Department of Agriculture is studying the implementation of a suggested retail price of P53 per
