Philippines' semiconductor industry in the spotlight amid threat of US tariffs
Semiconductors are the Philippines’ top export - a cornerstone of its services-driven economy. Former United States president Joe Biden's administration previously signaled plans to deepen preferential investment in the country’s semiconductor supply chains and workforce. But with a shift in US trade policy, will the Trump-era tariff scheme threaten to stall that momentum? CNA’s Buena Bernal reports.
Semiconductors are the Philippines’ top export - a cornerstone of its services-driven economy. Former United States president Joe Biden's administration previously signaled plans to deepen preferential investment in the country’s semiconductor supply chains and workforce. But with a shift in US trade policy, will the Trump-era tariff scheme threaten to stall that momentum? CNA’s Buena Bernal reports.