Trending Now
Please Stop Calling them “Reciprocal” Tariffs
Energy Department Not Interested In Government Transparency
A Bet on X, a Bottle of Scotch,...
ICE Could Prevent Some of the Coming Corruption,...
The Oklahoma City Bombing: A Lesson in Government...
The Oklahoma City Bombing: A Lesson in Government...
Election Policy Roundup
Anti-Profiling Court Order Cuts LA ICE Arrests by...
Freedom of Silence? England Investigating a Woman for...
Richard Werner’s Credit Creation “Experiment”: How Do Banks...
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

Document ‘leaking’ PHL stance on tariff talks rejected as fake

by July 22, 2025
July 22, 2025

TRADE Secretary Ma. Cristina A. Roque rejected as “fake” a document circulating on social media purportedly outlining the Philippine position on tariff negotiations with the US.

In an advisory, Ms. Roque said that the social media post claims to instruct the Philippine technical working group (TWG) attached to the tariff talks to take positions that will assure that the US achieves its market-access objectives, described as the so-called 6As — “agriculture, automotive, artificial intelligence-driven technologies, advanced manufacturing and alternative energy sectors, and assured access to Philippine critical minerals.”

Negotiations with the US are covered by confidentiality agreements, with leaks likely to undermine a country’s negotiating position. Philippine industries, including agriculture, have expressed fears that the US will strong-arm Philippine negotiators into lifting restrictions on the entry of US goods.

“I want to inform the general public that I did not issue such a document; hence, it is fake and my signature appearing therein is a forgery. I therefore condemn the malicious and irresponsible circulation of this document and the information contained therein,” Ms. Roque said.

“The sensitivity of the subject matter and the timing of its release to the scheduled engagement of President Marcos with President Trump in Washington, DC reflects the ill motive of whoever is responsible for the document,” she added.

President Ferdinand R. Marcos, Jr. is scheduled to meet US President Donald J. Trump on Tuesday (Washington time), making him the first Southeast Asian leader to meet Mr. Trump since he retook the White House in January.

The document circulating online carries the title “Message to Technical Working Group.”

“The Philippines needs to ensure US farmers, ranchers, factory workers, and business access to almost $500 billion in commercial benefits in the next four years. We are open to negotiate and make these concessions permanent,” according to the document.

It claimed the Philippines is ready to eliminate tariffs on soya, wheat meslin, wheat starch, wheat gluten, and lead-acid batteries while reducing tariff rates for crude oil and wheat seed.

According to the document, the Philippines plans to increase imports of soya, wheat, chicken leg quarters, dairy products, raw materials for the manufacture of firearms, and hardwoods used in furniture.

It also outlined plans to increase imports of liquefied natural gas and ethanol and facilitate US companies’ applications to explore for energy in the West Philippine Sea. — Justine Irish D. Tabile

previous post
Honasan flags Konektadong Pinoy bill risks
next post
PCCI backs 20 measures to ‘unlock economy’s potential’

Related Posts

Please Stop Calling them “Reciprocal” Tariffs

August 14, 2025

Energy Department Not Interested In Government Transparency

August 14, 2025

A Bet on X, a Bottle of Scotch,...

August 14, 2025

ICE Could Prevent Some of the Coming Corruption,...

August 14, 2025

Election Policy Roundup

August 14, 2025

Anti-Profiling Court Order Cuts LA ICE Arrests by...

August 14, 2025

Freedom of Silence? England Investigating a Woman for...

August 14, 2025

The Federal Government and Harm Reduction

August 14, 2025

Indian group to invest P4B in New Clark...

August 14, 2025

Remittances expected to drop next year, Visa survey...

August 14, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News