Ferdinand Ferrer —PHOTO FROM THE EUROPEAN HOUSE AMBROSETTI WEBSITE
MANILA, Philippines — Philippine businesses are trying to identify which products may have been flagged in a United States investigation into forced-labor imports, which resulted in a higher 12.5-percent tariff on Philippine shipments instead of the previous 10 percent.
Philippine Chamber of Commerce and Industry (PCCI) president Ferdinand Ferrer said any additional tariff on Philippine products was “worrisome,” but stressed that the latest levy should be supported by evidence.
READ: US slaps Philippine exports with new 12.5% tariff
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