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
PHILIPPINE EXPORTS POISED FOR GROWTH AS TRUMP TARIFFS OVERTURNED BY US SUPREME COURT
Latest from Business
The Department of Agriculture (DA) is exploring a partnership with DALI Everyday Grocery to create a
Philippine inflation surged to 7.2 percent in September, up from 6.1 percent in August and reaching
More local government units (LGUs) sought loans in August, with total borrowing requests more than doubling
China Bank Savings Inc. is expanding its financial literacy programs for Filipino public school educators as
Three in five Filipino mobile users want reliable 5G connectivity wherever they go, while 36 percent