00:00The Business Monitor International Unit within the Fitch Solutions Company is maintaining its 5.4% growth for the country this 2025.
00:10This despite the United States policy's impact on export expansion.
00:15To recall, President Ferdinand R. Marcos Jr. was able to reduce the tariff rate to 19% in his recent visit to the United States.
00:23The BMI however stated that unless another delay is announced, it is expecting a sharp slowdown in the coming months.