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Philippines overall tariff's reduced to 6.3 on exports to USA???

Enzyte Bob

I saw Youtube videos that claim Marcos has made a deal with Trump administration that will reduces the overall tariffs to 6.3% on Philippine exports.


They further claim some countries within the SEA  with higher tariffs will move their manufacturing to the Philippines to exploit the new lower tariffs.

See also

Tax in the PhilippinesTaxes for expats in the PhilippinesBuying a House in Baguio Tax to pay ?SS to increase coming.Johnnyair Shipping
talamban

I also saw the video. I just want the Peso to level out at 60 or so. This roller coaster is driving me crazy.