DTI: Over 60% of PH exports exempt from 12.5% US tariff

MANILA, — Despite the new 12.5-percent tariff imposed by the United States, the Philippines remains in a stronger position than many of its regional competitors, with more than 60 percent of its exports exempt from the additional levy. Trade Undersecretary Ceferino Rodolfo said the tariff, imposed by Washington on countries which it deems to lack