Philippines Eyes More US Imports in Bid to Lower US Tariff

The Philippines will offer to purchase more farm products from the US as it pushes to reduce a 17% tariff rate imposed on the Southeast Asian nation’s goods, according to Trade Secretary Cristina Roque.

Roque said she’s scheduled to meet with US commerce and trade officials during an April 28 to May 2 trip to the US with Frederick Go, special assistant to Philippine President Ferdinand Marcos Jr. for investment and economic affairs.

“We will try to import more like soybeans, frozen meat, agriculture, (in) higher volume,” Roque told reporters on Friday. Any planned increase in US purchases ...