Tag: US tariff

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Philippines weighs united ASEAN front on US tariff

The Philippines is weighing whether to push for a coordinated regional response to Washington’s newly announced 15 percent global tariff, as trade talks continue and no formal position has been adopted.

Trump sidesteps court, raises global tariff to 15%

Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.

Retaliatory tariffs hurt U.S. Spirits companies

For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.

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ASEAN adopts mineral strategy, strengthens controls on strategic exports

ASEAN leaders agreed to draw more investment into critical mineral processing and manufacturing while tightening regional cooperation on exports of sensitive goods, as the bloc seeks to capture more industrial value and protect strategic supply chains.

Andok’s Litson picks Rockport Power for electricity supply at 16 branches

Andok’s Litson Corp. has partnered with Rockport Power to secure power supply for 16 of its stores, using the Retail Aggregation Program (RAP) to bring down electricity expenses amid rising operational costs.

DOE, ERIA team‑up to speed up PH energy transition

The Department of Energy (DOE) and the Economic Research Institute for ASEAN and East Asia (ERIA) have formalized a partnership to advance the country’s energy transition through research, technical cooperation, and policy support for a secure, reliable, and affordable energy system.

Maynilad taps Cavite excess water to boost supply for Bacoor, Imus residents

Maynilad Water Services Inc. has sealed two agreements with the Metropolitan Waterworks and Sewerage System (MWSS) and the National Irrigation Administration (NIA) to turn NIA’s excess water resources into public drinking‑water supply, strengthening water security across Cavite.

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