00:00The Department of Agriculture, or DA, hails the recently issued executive order from the United States
00:06implementing reciprocal tariff exemptions for various agricultural commodities.
00:11Under the new order, approximately $1 billion worth of Philippine exports,
00:16predominantly agricultural products are now exempted from the 19% U.S. reciprocal tariff.
00:23The DA says it will provide immediate relief and boost exports for farmers and agri-product exporters,
00:29and it's expecting increased exports given that over 200 categories of farm products are now tariff exempt.
00:36Overall, 46% of total U.S. imports from the Philippines are now tariff-free, including industrial goods.
