00:00Meanwhile, the Philippine government will use the one-week extension in the implementation of the new U.S. tariff rates to continue negotiating for a mutually beneficial deal.
00:10The Department of Trade and Industry will continue to expand their trade networks to create more businesses, opportunities, and improve the market access to the exporters.
00:19As of now, Philippine exports to the United States were scheduled to impose 19 percent reciprocal tariff, which is the second lowest tariff rate imposed to Asian countries.
