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Indonesia – US trade deal raises competitive challenges to PHL

go through Justin Ireland D. Table, reporter

Philippines exports to the United States, especially clothing and textiles, will face STIffIndonesia gets 19% of the competition in Tariff According to industry groups.

Philippine President Robert M. Young (Robert M.

“This is another big blow to the Philippines, especially to clothing, textiles and clothing exports, because we are now 20%, accounting for 19%,” he told him. BusinessWorld By phone.

“First of all, they are much bigger in exporting to the United States. Indonesia is currently shipping about $5 billion in clothing and textiles to the United States, while the Philippines is still fighting for $1 billion,” he added.

US President Donald J. Trump (Donald J.ff Indonesian goods reach 19%, well below 32%. Mr Trump assigned to Indonesia in Tariff Last week’s letter.

In addition to opening up the Indonesian market to the United States, Indonesia has also committed to purchasing energy, agricultural products and Boeing passenger planes from the United States, Mr. Trump said.

“For the first time ever, our ranchers, farmers and fishermen will fully enter Indonesia’s market with more than 280 million people,” Mr Trump said.

“In addition, Indonesia will pay the United States a 19% tariff on all goods it exports to us, and the United States’ exports to Indonesia will be Tariff and non-tariff There are no obstacles,” he added.

Mr. Yang talks about the prospects of the Philippines’ Talisff Negotiations are getting darker as other countries’ negotiations with the United States are weighted towards higher geopolitical considerations.

“We really don’t know, because we’ve actuallyffEverything is paid in terms of military aid and welfare. “It’s all exhausted by the Philippines and has been placed on the silver plate in the United States,” he said.

“In trade, we are not at the level of other countriesffThis kind of concession. As you know, we are a little player. This will be DIffThe situation in the Philippines. I hope the negotiator team is lucky, but this seems like a dim opportunity. ” he added.

The government sends negotiators to Washington this week to seek lower towersffFerdinand R. Marcos (Jr.) is expected to arrive later this month.

Mr. Yang said he thinks the Philippines cannotffThe United States imports are in line with the import rate of Indonesia.

“I don’t know if we canffCommand it. We also rely on taxes to earn income. The other thing, of course, is that it will be a presidential lawsuit. But in the Philippines we have to (to confront) all kinds of legitimacy. ” he said.

“It has to go through Congress. We really don’t know how we manage it. But we have little to no reliable oneffWell, so I don’t know if it’s attractive enough for the United States. This is what we have been trying to say. ” he added.

But, he said, Frederick D. Go, the president’s special assistant to the investment and economic affairs, hints that the Philippines still has “a few bullets.”

He added: “I don’t know what kind of bullet he is talking about, but that’s what he said.”

In addition to clothing and textile exports, he said the Lower Tari in Indonesiaff It may also affect other Philippine exports, including agricultural and mineral products.

“I’m not familiar with the numbers of agriculture and other minerals. But all of them can beffHe said because it was a competition. “He said he noted that Indonesia has sold more because of its lower costs.

Meanwhile, he said the apparel and textile industries have not yet given up and seek other markets to survive.

“We are not waving the white flag. We are fighting. We are looking for other markets; Russia is there,” he said.

He added: “We are in survival mode.”

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