00:00Malacanang insisted that it will not affect the export tariff issued by the U.S.
00:08According to the Agriculture Department, it is an advantage for the Philippines, especially for the products we export.
00:15The details are reported by Vell Custodio of PTV Manila.
00:22It is possible that the U.S. export tariff in the Philippines will open new opportunities in the country.
00:28The U.S. exports 17% of its goods to the Philippines.
00:34This is the second lowest export tariff in some countries in Asia.
00:38If this policy continues, we can still get investors from countries that have a high export tariff.
00:50So they can go to the Philippines, work here, and manufacture because only 17% of the goods are exported to us.
00:58So this can be a negative or positive.
01:0149% of the export tariff in Cambodia was followed by 48% in Laos, while Vietnam has a 46% export tariff.
01:12The U.S. exports 34% of its goods to China.
01:16According to the Department of Agriculture, the Philippines' export tariff in the U.S. is an advantage.
01:22If the Philippines exports only 17% of its goods to the U.S.,
01:29while Vietnam, which is a major supplier, exports 46% of its goods to China,
01:33and Thailand exports 34% of its goods to China, which is a second major supplier,
01:36we have an advantage, right?
01:38As for coconut, technically more or less, we have an advantage.
01:44DAs in Japan are continuously trying to lower the price of bananas in Japan from 8% to 18%.
01:52They promised to help us with this issue.
01:55But of course, they are asking for an exchange.
02:00We have a big push to fight for the reduction of our tariffs on bananas in Japan.
02:08From People's Television Network, Vel Custodio, Balitang Pambansa.
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