Washington: Philippine officials are set to travel to the United States next week to engage in discussions with their American counterparts regarding the newly imposed 20 percent tariff on Philippine exports by the Trump administration. This rate marks an increase from the previously announced 17 percent back in April.

According to Philippines News Agency, the tariff is slated to take effect on August 1, 2025. Trade Secretary Cristina Roque, during a briefing on Thursday, indicated that she has yet to meet with other trade and economic officials to strategize on negotiations concerning the tariff issue. She refrained from providing detailed information about their forthcoming actions, noting that the letter from the US government outlining the tariff rate was only received earlier that day.

Roque stated, 'Even the US is open for negotiation, so let's see what happens when we get there. And let's see what will happen when we convene.' She further mentioned that despite the 20 percent tariff being the second-lowest rate, discussions are necessary.

The Department of Trade and Industry (DTI) expressed its concern over the tariff rate imposed on Philippine exports in a statement, highlighting the ongoing efforts and constant engagement with US counterparts. Despite the challenges, the Philippine government is committed to pursuing negotiations in good faith to achieve a more comprehensive bilateral trade agreement.

The DTI statement acknowledged the US concerns about trade imbalances and the desire to bolster domestic manufacturing. However, it emphasized the interconnectedness of global supply chains and cautioned that unilateral trade actions could adversely impact the global economy. The statement underscored the need for constructive engagement to address trade issues effectively.