In an interview on May 25, Dr. Rafaelita Aldaba, PIDS Emeritus Fellow, shed light on the concept of "reciprocal tariffs" and the implications of the U.S. imposing such measures on various countries, including the Philippines. She also discussed potential responses the Philippines can adopt amidst rapid changes in global trade.
Dr. Aldaba emphasized the importance of strengthening local industries, expanding and diversifying trade partnerships, and fostering deeper collaboration with neighboring ASEAN countries.
Read Dr. Aldaba’s paper, Navigating a New Era of Reciprocal Tariff: bit.ly/pidsdp2025-06
Watch the full interview: https://www.youtube.com/live/51stvMexdm4?si=loPKuecJPaX6a6f_&t=1154
