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The pits: How China's US tariff jab choked a cherry import boom

Yawen Chen and Shivani Singh, Reuters
Posted at Jul 23 07:32 AM

For public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. Read more »

External trade down 3 percent in May as imports fall

ABS-CBN News
Updated as of Jul 10 04:33 PM

Philippine foreign trade fell 3 percent in May compared to the same month last year as the expansion in exports failed to make up for shrinking imports, the Philippine Statistics Authority said on Wednesday. Read more »

Philippine economy has 'safety valve' vs US-China trade war effects: Pernia

ABS-CBN News
Updated as of Jun 28 12:13 PM

Philippine exports benefit from the trade row, as the country supplies goods to both China and the US, socioeconomic planning secretary Ernesto Pernia told ANC. Read more »

To dodge trade war, Chinese exporters shift production to low-cost nations

Joyce Zhou and Ann Wang, Reuters
Posted at Jun 27 11:40 AM

In recent years, some Chinese manufacturers had already started to relocate some of their capacity to countries such as Vietnam and Cambodia, due to high operating costs at home. The trade war is now pushing more to follow suit, especially makers of low-tech and low-value goods. Read more »

Dissecting Data: Trade gap narrows in April

ABS-CBN News
Posted at Jun 11 03:54 PM

Exports rose 0.4 percent in April to $5.51 billion from the same month in 2018. Imports contracted by 1.9 percent during the same comparable period. Read more »

Peso strengthens as April trade gap falls below forecast

ABS-CBN News
Updated as of Jun 11 05:11 PM

The peso ended stronger against the dollar on Tuesday after official data showed that the trade deficit in April was smaller than expected. Read more »

China's exports beat forecast to rise as trade war heats up

Sebastien Ricci, Agence France-Presse
Posted at Jun 10 04:40 PM

China's exports beat gloomy forecasts to rebound in May though imports sank more than expected, official data showed Monday, as concerns lingered about the impact of its ongoing trade war with the United States. Read more »

Incentives help PH keep, grow foreign investments: electronics manufacturers

ABS-CBN News
Posted at May 20 09:05 AM

The Semiconductor and Electronics Industries in the Philippines Inc is hoping for a dialogue with legislators who won in the mid-term elections Read more »

Trade gap widens in February

ABS-CBN News
Updated as of Apr 11 12:25 PM

The shortfall of $2.79 billion was larger than the $2.54 billion posted in February 2018, PSA data showed. Total trade in goods rose 1.2 percent to $13.14 billion during the same comparable period. Read more »

China factory activity up after 4-month slide

Agence France-Presse
Posted at Mar 31 04:14 PM

China's manufacturing sector ended its 4-month downward trend in March, official data showed Sunday, but exports continued their long slide in the wake of the Washington-Beijing trade war. Read more »

Trade deficit widens to $3.76 billion in January

ABS-CBN News
Posted at Mar 12 03:53 PM

Exports in January totaled $5.28 billion compared to $9.03 billion in imports, resulting in a deficit of $3.76 billion, the PSA said. This was wider than the $3.16 billion deficit during the same month in 2018.  Read more »

Electronics manufacturers seek fresh talks on tax reform

ABS-CBN News
Posted at Feb 18 04:04 PM

Uncertainty over corporate incentives resulted in companies directing an estimated $1 billion in investments to other countries instead of the Philippines, said Semiconductor and Electronics Industries in the Philippines president Dan Lachica. Read more »

Dissecting Data: Trade deficit narrows in Dec but widens to record in 2018

ABS-CBN News
Posted at Feb 12 08:50 PM

The Philippines' trade deficit narrowed to a three-month low in December last year. But the $41.4 billion trade gap booked for the whole of 2018 was also the widest on record.    Read more »

China's exports shrink most in 2 years, raising risks to global economy

Yawen Chen and Martin Quin Pollard, Reuters
Posted at Jan 17 11:21 PM

China's exports unexpectedly fell the most in two years in December, while imports also contracted, pointing to further weakness in the world's second-largest economy in 2019 and deteriorating global demand. Read more »

Trade deficit widens in October as infra push drives imports

ABS-CBN News
Updated as of Dec 11 12:56 PM

Imports grew 21.4 percent in October to $10.32 billion compared to the same month last year, data from the Philippine Statistics Authority showed. Read more »

Trade deficit widens in September as exports decline

ABS-CBN News
Posted at Nov 07 05:01 PM

The country's trade deficit widened in September as exports declined while imports surged, the Philippine Statistics Authority (PSA) said on Wednesday. Read more »

Weak peso not necessarily good for exporters: Euro business group

ABS-CBN News
Posted at Oct 10 05:05 PM

Many exporters need to import raw materials, so this cancels out whatever benefit they may get from the weak peso making their goods cheaper on the world market.  Read more »

Dissecting Data: What's behind the Philippines' widening trade deficit?

ABS-CBN News
Updated as of Sep 12 05:22 AM

The country’s trade deficit widened to $3.55 billion in July as imports continued to outpace exports, government data released Tuesday showed. Read more »

U.S. drops agriculture demand from NAFTA talks -Mexico farm lobby

Sharay Angulo, Reuters
Posted at Aug 20 05:50 AM

The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports, Mexico's top farm lobby said on Sunday. Read more »

Trade deficit at $3.35 billion in June

ABS-CBN News
Updated as of Aug 08 05:40 PM

The June trade deficit was lower than the $3.7 billion deficit in May but was higher than $1.59 billion during the same month in 2017, the Philippine Statistics Authority said. Read more »