Post
Topic
Board Economics
Re: The Philippines supposedly got a 1% tariff discount, is that really a victory?
by
btc78
on 28/07/2025, 15:34:02 UTC
This has been circulating online, and many Filipinos don’t seem impressed with the news. Before the president's visit, the tariff was 20%, and now it's 19%. They're calling it a “significant win,” but for real - is it?

we impose lower tariffs (or even none at all) on U.S. products entering the country. so what exactly are we celebrating here?

Feels like we’re being taken for a ride, hyping up something that barely scratches the surface.
Almost like clapping for a clown just because he managed to entertain us so well.
this is almost a laughing matter

people are really celebrating the bare minimum do they? i think that this is just a way to save the president's image he doesn't seem to be doing well in his term and he has not made any of his promises true there has not been significant improvements in the country so i do not think that this is something worth celebrating over for