Amid threats of higher tariffs imposed by the United States globally, the United Kingdom will “turbocharge” its investment and trade relations with the Philippines across key sectors, British Ambassador to Manila Laure Beaufils said. (MB video by Raymund Antonio)
READ: https://mb.com.ph/2025/4/24/uk-remains-committed-to-trade-deals-with-ph-amid-us-new-tariff-policy
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READ: https://mb.com.ph/2025/4/24/uk-remains-committed-to-trade-deals-with-ph-amid-us-new-tariff-policy
Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin
Visit our website at http://mb.com.ph
Facebook: https://www.facebook.com/manilabulletin
Twitter: https://www.twitter.com/manilabulletin
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Tiktok: https://www.tiktok.com/@manilabulletin
#ManilaBulletinOnline
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NewsTranscript
00:00To the MS, we're trying to work out what these changes in tariffs are going to have in terms of impact on us in the Virginie and in Southeast Asia and in the Philippines in general.
00:14I think what's important for us is that we are committed to doing trade with the Philippines, as I was saying, to maximizing Filipino exports to the UK with our developing countries trading scheme by which 80% of Filipino exports to the UK are tariff-free.
00:29And then, we're also committed to doing more exports, so that's the main answer to your questions.
00:40Now, in terms of the tariffs, we're discussing this with every country in the region.
00:46We're working with ASEAN.
00:48We're also thinking about how we can support countries to continue their economic development trajectory and their growth and their inclusive growth in particular,
00:57so that the tariffs don't have negative impacts.
01:00But there's no specific initiative at this point for the Philippines.
01:04I think we're all trying to see how this will pan out before we make up such decisions.
01:09We're going to 봐 Andrit Rubio.
01:11I think, reasons for this is not a way right now.
01:13I think it's definitely fine.
01:14I should say that the tariffs are going to trade by hand by if all are expiration in regards these years.
01:16But if it's not going to trade with pc in overwhelmingly going to get frozen,
01:18I think of the tariffs looking ahead of