As many countries around the world are already struggling with the economic disruptions and the spike in oil prices as a result of the ongoing chaos in the Middle East, Japan has decided to release its own oil reserves and it could happen as early as Monday (March 16), according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News Some parts in boldface…
Japan will begin drawing down its oil reserves as early as next Monday to deal with a possible sharp rise in gasoline and other petroleum product prices amid the Middle East conflict, Prime Minister Sanae Takaichi said.
Takaichi told reporters on Wednesday that Japan will release 15 days’ worth of reserves held by the private sector and then one month’s worth of government-held oil without waiting for a decision coordinated by the International Energy Agency.
It will be the first time Japan has released its government oil reserves individually, not in an internationally coordinated way, since the stockpiling of oil began in 1978.
Japan’s dependency on the Middle East for crude oil is “prominently high” compared with other countries and imports are expected to “significantly drop late this month or later,” necessitating measures to prevent a disruption to the supply of gasoline and other petroleum items, Takaichi said.
Citing the possibility that the average price of domestic retail gasoline could surpass 200 yen ($1.26) per liter, Takaichi also said she aims to keep the price at around 170 yen by utilizing a government fund.
The price of gasoline hit as low as 154.70 yen in mid-January but rose to 161.80 yen per liter as of Monday, according to industry ministry data.
“We will flexibly review the support measures to ensure continuous relief for the public even if the (Middle Eastern) situation is prolonged,” Takaichi said.
Japan imports more than 90 percent of its oil from the Middle East, making it highly vulnerable to the effective closure of the Strait of Hormuz, which has prevented the transportation of oil and gas from suppliers in the Persian Gulf, after the U.S. and Israel attacked Iran late last month.
As of the end of December, Japan had 470 million barrels of oil reserves equivalent to 254 days of domestic consumption, of which 146 days’ worth were government-owned, 101 days held by the private sector, and the remainder jointly stored with oil-producing countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan made the right decision to release its oil reserves good for fifteen days? Do you think Japan will be able to find new and alternative sources of oil so that it can cut its reliance on Middle East oil?
The establishment of online pre-entry immigration checks and much higher residency fees could become a reality as the Japanese government approved a bill to amend the immigration control law, according to a Kyodo News report.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News Some parts in boldface…
The Japanese government on Tuesday approved a bill to amend the immigration control law to establish an online pre-entry screening system for overseas arrivals and significantly increase residence status application fees for foreigners.
The Cabinet-endorsed bill will be submitted to the current Diet session, and if enacted, the government aims to implement the entry eligibility screening system called the Japan Electronic System for Travel Authorization, or JESTA, in fiscal 2028.
The amendment includes raising the upper limit for visa application and renewal fees from 10,000 yen ($63) to 300,000 yen, marking the first increase since 1982.
The introduction of JESTA aims to prevent terrorism and illegal employment, according to the Immigration Services Agency. It would target the current 74 countries and regions whose citizens are exempt from obtaining short-stay visas.
Several days before traveling to Japan, applicants would be required to provide information online, including their name, the purpose of their stay, and the locations they intend to visit. Those suspected of traveling for illegal employment or other violations would be denied boarding on aircraft and ships.
Fees are currently set at 10,000 yen for application for permanent residency and 6,000 yen for residence period renewals.
It has been pointed out that these fees, which cover only actual costs and are also allocated to coexistence measures, are significantly lower than those in Western countries.
The number of foreign residents in Japan at the end of 2025 stood at approximately 4.13 million, a record high.
The government would aim to use the increased cap to cover system costs for efficient visa screening and the establishment of consultation services.
The amendment sets the cap at 300,000 yen for permanent residency applications and 100,000 yen for visa extensions and similar procedures.
The limits have been set in anticipation of future inflation. Going forward, the specific amounts for each fee would be determined by government ordinance with the aim of applying them within fiscal 2026.
According to sources, the permanent residency application fee is being considered at around 200,000 yen, while other fees would range from 10,000 yen to 70,000 yen depending on the intended period of stay.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the proposed changes will make a tremendous impact on immigration in Japan? Do you expect the bill to be approved this year? How far do you think Japan should go with reforming their immigration system?
Since the first strikes happened on February 28, the joint military operations of the United States and Israel have heavily damaged the military, energy and government sites of the Islamic terrorist state of Iran. As the war with Iran has impacted the global economy and a new so-called supreme leader of Iran was selected, US President Donald Trump stated that the war is expected to end “very soon” but not at the end of this week, according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…
U.S. President Donald Trump said Monday the ongoing war with Iran is expected to be over “very soon” but ruled out the possibility of it coming to an end this week.
“We’re winning very decisively. We’re way ahead of schedule,” Trump, who had initially predicted the conflict could last four to five weeks, claimed during a press conference in Florida.
Trump’s remarks came after Iran selected Mojtaba Khamenei as its new supreme leader after his father was killed in the first wave of U.S.-Israeli strikes.
Khamenei, the late leader’s second son, is known for his close ties with the Islamic Revolutionary Guard Corps. His rise to power has raised concern among many countries that the war, entering its second week, could further destabilize the Middle East and quickly ripple through the global economy.
While insisting that the United States has achieved an “unprecedented” military success, Trump said he was “disappointed” with Iran’s choice of supreme leader.
“We think it’s going to lead to just more of the same problem for the country,” he said.
Sending conflicting messages, Trump also warned that the United States will aggressively attack Iran if it attempts to block the world’s energy supply.
“We will hit them so hard that it will not be possible for them or anybody else helping them to ever recover that section of the world,” he said.
But he struck an optimistic note on oil prices, saying they would be much lower after the war ends. On disruption to oil shipments through the Strait of Hormuz, Trump said the United States was less affected than China.
It seems that the joint Israel-America operations have achieved more than what was previously expected. The Islamic regime’s navy has been demolished, the air force crushed, and the oil refineries destroyed. It has also been reported that more military personnel of the regime have left their posts and moved out of the country using fake passports. The oppressed Iranians, meanwhile, should get more motivated to go out and protest as the regime’s military and police forces weaken.
Looking at the bigger picture, the massive devastation on the Islamic terrorist state made the leaders of Russia and Communist China worried. China needs oil from Iran while Russia needs Iranian-made weapons. Geopolitically, it’s like Trump’s America stuck two birds with one stone. In the case of Israel, Islamic terrorist groups are weakening now that the Islamic regime of Iran cannot support them. Going back to Iran, there are opportunities for the affected Iranians to move out of the country and enter Armenia as refugees. Already there are groups at the Armenian side of the border who intend to help Iranian refugees.
For more updates about what happened lately, watch the videos below.
Let me ending this post by asking you readers to pray to the Lord for victory, for the protection of the American and Israeli forces, for the safety of civilians everywhere, for the end of the Islamic terrorist regime of Iran to happen soon, and for the liberation of the oppressed Iranian people. Pray to Him to also bless US President Trump and Prime Minister Benjamin Netanyahu, as well as their respective administrations. Pray to God for more peace and stability in the Middle East and for the stability of the global economy.
Japan’s long-time population problems continued as the number of new children born in 2025 reached only 705,809, according to a news report by Kyodo News. The figure, which includes foreign residents, is the lowest since the counting of newborn children started in 1899.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News. Some parts in boldface…
The number of children born in Japan in 2025 fell from a year earlier to 705,809, the fewest since data became available in 1899 and hitting a new low for the 10th consecutive year, health ministry data showed Thursday.
The figure, which includes foreign residents, was down from 2024 by 2.1 percent, or 15,179 births, as the country faces a rapidly graying population and increased anxiety over child-rearing due to the higher cost of living amid inflation. The pace of decline, however, slowed from a year earlier.
In addition to economic anxiety, more people appear to be choosing to marry and have children later in life, or not to marry at all, due to a shift in priorities, experts say.
Population decline showed no signs of abating, with the natural decrease — subtracting the number of births from deaths — hitting the highest ever at 899,845, according to preliminary data released by the Ministry of Health, Labor and Welfare.
The National Institute of Population and Social Security Research had projected that the number of births, including those of foreign residents in the country, would not drop below 710,000 until 2042.
In separate data released by the ministry in June last year, the number of babies born to Japanese nationals in 2024 fell to 680,000, dropping below 700,000 for the first time.
The 2.1 percent decrease shown in the latest data — compared with 5.0 percent in 2024 — likely partially reflects a second straight year of increasing marriages in 2025, up 1.1 percent to 505,656.
The number is still far below the more than 600,000 marriages Japan had seen annually until 2019, before the coronavirus pandemic disrupted normal patterns of social interaction.
“We haven’t been able to turn the trend, unfortunately,” a senior government official said at a news conference on Thursday.
Among the few bright spots for the country’s 47 prefectures, Tokyo and Ishikawa, in central Japan, saw an increase in birth numbers.
The change in Tokyo, where the figure rose by 1.3 percent in the first increase in nine years, could be the result of an influx of people into the capital along with the child-rearing support orchestrated by the metropolitan government, experts say.
Ishikawa’s case is seen as a rebound from a decrease in the aftermath of a devastating earthquake that struck the Noto Peninsula in January 2024.
The remaining 45 prefectures continued to see births decline, with the steepest drop of 8.7 percent in Shimane followed by decreases in Yamagata, Aomori and Nagano.
Rural regions have seen their populations decrease as people opt to leave for schools and jobs. Few municipalities have found a winning formula to reverse the trend.
Let me end this piece by asking you readers: What is your reaction to this development? What do you think the government led by Prime Minister Takaichi Sanae should do to stop the population decline? Do you think allowing more foreigners to legally migrate into Japan is the answer?
Even though it has been severely damaged by the joint forces of the United States and Israel, the Islamic terrorist state of Iran continued to retaliate by launching missiles and drones not only at American and Israeli forces, but also on sovereign nations in the Middle East such as Kuwait, Saudi Arabia, the United Arab Emirates, Islamist Qatar and more. As such, Japanese Prime Minister Takaichi Sanae condemned Iran for the destruction it committed, according to a news article by Nippon TV.
To put things in perspective, posted below is an excerpt from the news article of Nippon TV. Some parts in boldface…
Amid continued tensions surrounding the situation in Iran, Japanese Prime Minister Takaichi Sanae spoke on the phone with German Chancellor Friedrich Merz on March 5 and told him she condemns Iran’s actions.
Officials said that at the start of the roughly 20-minute conversation, Merz provided an overview of the international situation, taking into account events including his summit meeting with US President Donald Trump.
In response, Takaichi told Merz that she condemns Iran’s actions, including attacks that have extended to civilian and diplomatic facilities and resulted in civilian casualties. The two leaders agreed to work together to de-escalate the situation as quickly as possible.
Ahead of the phone call, Takaichi met with visiting UAE Minister of Industry and Advanced Technology Sultan Al Jaber at her office.
In the talks, Takaichi asked for cooperation from the United Arab Emirates in safeguarding Japanese nationals and maintaining a stable supply of oil to Japan.
Officials said Jaber expressed his intention to cooperate in areas such as ensuring the safety of Japanese citizens.
Amid escalating tensions in the Middle East, there have been disruptions in logistics, with tankers becoming stalled near the Strait of Hormuz.
Japanese automaker Toyota Motor is said to be considering reducing its production of vehicles bound for the Middle East.
According to sources, Toyota has notified parts manufacturers and other relevant entities about the possibility that it may reduce the number of vehicles produced. Toyota has not disclosed details of its production plans or whether it uses the Strait of Hormuz.
But last year, the company exported about 320,000 vehicles, including Land Cruisers, to Middle Eastern countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Islamic terrorist regime of Iran is just days away from totally collapsing as the United States and Israel keep on pounding them with military weapons? Do you think the wicked government of Iran is paying any attention to the Prime Minister of Japan? Why do you think the Islamic terrorist regime of Iran deliberately targets civilians with missiles and drones? Did you notice a lot of people in your local community who openly support the Islamic terrorist state of Iran?
Now that the demonic Ayatollah Ali Khamenei has been eliminated, the Islamic terrorist regime of Iran decided to attack not only America forces and Israel but also other Arab states with missiles and drones which easily caused travel and economic disruptions on the rest of the world. In response to what happened, Japanese Prime Minister Takaichi Sanae urged Iran to solve its conflict with America and Israel diplomatically, according to a news report by Kyodo News. She also demanded Iran to stop destabilizing the region.
To put things in perspective, posted below is an excerpt from the Kyodo News. Some parts in boldface…
Japanese Prime Minister Sanae Takaichi on Monday urged Iran to seek a “diplomatic solution” amid an escalation in the Middle East conflict following U.S. and Israeli strikes targeting Tehran.
At a parliamentary committee meeting, Takaichi demanded Iran stop any actions that “destabilize the region” including its nuclear weapon development, which she said is “absolutely unacceptable,” as well as attacks on its surrounding countries.
“We will work in coordination with the international community toward an early deescalation of the situation and continue to make every necessary diplomatic effort,” Takaichi said, without expressing her view on the weekend bombardment launched by the United States, Japan’s close security ally, and Israel.
Foreign Minister Toshimitsu Motegi said at the Diet session that no Japanese casualties in Iran have been reported so far, while the government is preparing for a possible evacuation operation for Japanese nationals in the region.
About 200 Japanese citizens live in Iran and 7,700 reside in total in the nations that have been attacked by Iran’s attacks, Motegi added.
The Japanese Embassy in Israel is planning to operate a bus for an evacuation as early as Monday, Chief Cabinet Secretary Minoru Kihara told a press conference. Organizing a large-scale evacuation in Iran is difficult, however, because airports are closed and land routes are dangerous, according to a source familiar with the matter.
Due to its heavy reliance on the Middle East for crude oil, Japan, a resource-poor country that has traditionally maintained friendly ties with Iran, has a vital interest in stability in the region.
The Japanese government is watching the situation around the Strait of Hormuz, an oil shipping route vital for Japan, with the U.S. and Israeli strikes prompting Iranian attacks on other Gulf nations in addition to Israel.
At this stage, the Japanese stock market fell down by 2% over growing concerns about the global economic outlook following the joint US-Israel attacks on the terrorist state.
In what looked like a desperate series of moves, the Islamic terrorist government of Iran launched even more missiles in the Middle East causing more damage, injuries and deaths. Iran made it clear it does not care about the civilians in the region and they are willing to hit the Arab states recklessly. US President Donald J. Trump released a new video message telling the oppressed people of Iran to take back their country.
For updates about what happened lately, watch the videos below.
Let me ending this post by asking you readers to pray to the Lord for victory, for the protection of the American and Israeli forces, for the safety of civilians everywhere, for the end of the Islamic terrorist regime of Iran to happen soon, and for the liberation of the oppressed Iranian people. Pray to Him to also bless US President Trump and Prime Minister Benjamin Netanyahu, as well as their respective administrations. Pray to God for more peace and stability in the Middle East.
After decades of hatred towards the West, killing a lot of people and empowering Islamic terrorists, the head of the Islamic terrorist state of Iran Ayatollah Ali Khamenei has been eliminated during the powerful airstrikes unleashed by Israel and America, and no less than US President Donald J. Trump confirmed it, according to a Newsmax report.
Even the Islamic regime’s own official media confirmed the death of their leader. Those who are loyal to the wicked Khamenei are openly grieving while the Iranians who craved for freedom are celebrating. The dead Ayatollah ruled Iran for decades and he was clearly a mass murderer, a human rights violator and committed so many other acts of evil comparable with what other evil dictators did. Khamenei is also the 2nd dictator to fall down during this current term of President Trump.
To put things in perspective, posted below is an excerpt from the Newsmax report. Some parts in boldface…
Iranian Supreme Leader Ayatollah Ali Khamenei was killed in joint Israeli-U.S. airstrikes early Saturday, President Donald Trump said.
“Khamenei, one of the most evil people in History, is dead,” Trump wrote in a post on Truth Social.
Iranian state media confirmed the Supreme Leader’s death.
“This is not only Justice for the people of Iran, but for all Great Americans, and those people from many Countries throughout the World, that have been killed or mutilated by Khamenei and his gang of bloodthirsty THUGS,” Trump continued.
“He was unable to avoid our Intelligence and Highly Sophisticated Tracking Systems and, working closely with Israel, there was not a thing he, or the other leaders that have been killed along with him, could do,” Trump added.
“This is the single greatest chance for the Iranian people to take back their Country.“
The president cited reports that many Islamic Revolutionary Guard Corps, security, and police forces “no longer want to fight, and are looking for Immunity from us.”
“As I said last night, ‘Now they can have Immunity, later they only get Death!'” Trump wrote.
“Hopefully, the IRGC and Police will peacefully merge with the Iranian Patriots, and work together as a unit to bring back the Country to the Greatness it deserves,” he continued.
“That process should soon be starting in that, not only the death of Khamenei but the Country has been, in only one day, very much destroyed and, even, obliterated,” Trump wrote.
“The heavy and pinpoint bombing, however, will continue, uninterrupted throughout the week or, as long as necessary to achieve our objective of PEACE THROUGHOUT THE MIDDLE EAST AND, INDEED, THE WORLD!”
Previously, Newsmax correspondent Zach Anders reported that Khamenei was killed, and Newsmax later confirmed the Iranian leader’s death.
In a televised address Saturday, Israeli Prime Minister Benjamin Netanyahu said Israel eliminated Islamic Revolutionary Guard Corps commanders, senior regime officials, and senior nuclear officials.
He added that in the coming days, “we will hit thousands of targets of the terror regime.”
“There are growing indications that [Khamenei] is no longer alive,” Netanyahu said, according to The Jerusalem Post. He did not provide additional details.
Netanyahu’s comments came after Israel and the U.S. launched attacks on Iranian military targets in what Israel has dubbed Operation Roaring Lion and the U.S. has called Operation Epic Fury.
Israel’s Channel 12 News reported that Netanyahu was shown an image of Khamenei’s body after Iranian authorities recovered it from his compound in Tehran, The Times of Israel reported.
Israel carried out a massive strike on the compound in the opening salvo of attacks on Iran early Saturday.
Israeli Ambassador to the U.S. Yechiel Leiter updated American officials that Israel had succeeded in killing Khamenei, a source familiar with the matter told The Times of Israel, confirming earlier reporting by Axios.
Khamenei, 86, became Iran’s highest authority in 1989 following the death of the Islamic Republic’s founder, Ayatollah Ruhollah Khomeini.
Israel long viewed Khamenei as a destabilizing force in the Middle East, citing his backing for terrorist groups including Hamas, Hezbollah, and the Houthis.
He had been the target of several assassination attempts since the Islamic Revolution of 1979. Most notably, on June 27, 1981, a bomb exploded during a speech at a mosque in Tehran, severely injuring him and permanently paralyzing his right arm, according to The Jerusalem Post.
At this stage, the Islamic terrorist government of Iran has been severely weakened and are still operating, even vowing to keep retaliating against America and Israel. The Islamic regime already launched missiles at American facilities in Qatar, Bahrain, the United Arab Emirates (UAE) and Kuwait which only showed how evil they are and how much they disregard human life.
The Iranians who were oppressed by their government and want to be free now have new opportunities to band together again and put even more pressure on the remnants of the weakened terrorist regime. Already there are several reactions and developments that happened as a result of the currently successful (and powerful) US-Israel military operations on the terrorist state of Iran. Watch the videos below.
Let’s be clear here. Khamenei was a demon and he led the Islamic terrorist state of Iran since 1989. Many times has the demonic Ayatollah declared death to America and Israel, and he openly hated Western democracy and norms. That said, the elimination of Khamenei has opened up new opportunities for the oppressed Iranians to stand up and oppose once again the remaining Islamic government forces, and take their country back. Those loyal to Khamenei can decide if they want to keep on serving the weakened regime or surrender themselves to live on with immunity.
Will regime change happen in Iran? If it does, it will alter the balance of power in the entire Middle East and cause the remaining Islamic terrorists to stop or move out of the region.
Let me ending this post by asking you readers to pray to the Lord for victory, for the protection of the American and Israeli forces, for the safety of civilians everywhere, for the end of the Islamic terrorist regime of Iran to happen soon, and for the liberation of the oppressed Iranian people. Pray to Him to also bless US President Trump and Prime Minister Benjamin Netanyahu, as well as their respective administrations. Pray to God for more peace and stability in the Middle East.
A lot has happened so much over the past several hours. Israel and the United States attacked the Islamic terrorist state of Iran destroying several government and military sites. This was the result of the wicked Iranian government constantly refusing to make a deal with America during the rounds of negotiations they had. The Iranian government never intended to make a deal at all and all they did was wasting everyone’s time which they (and their cowardly Ayatollah) thought they were buying time for themselves.
The “no deal” tactic of the Islamic terrorist regime led to the combined Israel-America military operations against Iran. I am sure the Ayatollah and his officers are regretting their moves.
For insight, watch the speech of US President Donald Trump in the YouTube video posted below. Watch it entirely and pay close attention to the details.
Now, watch the YouTube videos below for a clear view of what happened over the past several hours. Don’t rely on the corrupted mainstream news media. You can trust TBN Israel and CBN News.
For insight, the joint US-Israeli military operations against Iran is not about total annihilation at all. It’s about crippling the wicked Islamic terrorist regime (in power since 1979) and liberating the millions of Iranian people who have long been brutalized by their own government. It is also about holding the regime accountable for its decades-long record of sponsoring terrorists, murdering people, causing regional instability, extensive human rights violations and more.
The Islamic terrorist regime has to fall down and it will be up to the freedom-hungry Iranians to band together to set up a new government and take part in reforming or modernizing their society and economy.
As mentioned earlier, so much has happened over the past several hours. The compound of Ayatollah Khameni got destroyed and according to The Jerusalem Post, the so-called supreme leader of Iran has been cut off from contact. It remains to be seen if the evil Ayatollah survived as of this writing. At the same time. It has been reported that Iran’s Defense Minister Amir Nasirzadeh and Revolutionary Guards commander Mohammed Pakpour are believed to have been killed in Israeli attacks. The headquarters of the Islamic Revolutionary Guard Corps was hit hard as well. Already, the people of Iran are celebrating the joint Israel-America strikes against the regime.
Of course, the evil regime retaliated by launching a heavy missile barrage across Israel. According to The Jerusalem Post report, there was a total of 125 missiles launched against Israel in the first barrage. 35 of those missiles entered Israel airspace while the rest were intercepted.
Going back to the pure evil of the Iranian regime, Iranian missiles were fired at Gulf Arab states in retaliation. Even Qatar – which has a government and the Islamic terrorist news network Al Jazeera – was a target of Iran. Kuwait, the United Arab Emirates (UAE) and the Kingdom of Bahrain were also Iranian missile targets!
Several Gulf Arab states said they were targeted by Iranian missiles on Saturday after Tehran pledged to retaliate against strikes by the United States and Israel, bringing conflict to a part of the Arab world that prides itself on relative safety.
State media in the United Arab Emirates said one person had been killed in Abu Dhabi, but gave no details.
In Qatar, a video circulating online showed the moment of impact of an Iranian missile on the Al Udeid Air Base.
Earlier, the Qatari military said in a statement that it had intercepted incoming Iranian missiles before they reached Qatari territory after “joint coordination.” Several successive waves of blasts were heard in the Qatari capital Doha.
Earlier, Kuwait, the UAE, and Jordan, all of which also have a US military presence, said they had intercepted Iranian missiles targeting their territory.
The terrorist regime of Iran did not really care about the Gulf Arab states at all! They wanted to retaliate against the Americans so much, they launched missiles at US military facilities in the Gulf Arab states completely disregarding each nation’s citizens. Not even the Islamist Qatar was spared.
With the joint American-Israeli operations against Iran ongoing, a lot could happen over the next 72 hours. Was the Ayatollah eliminated? Will the government of Iran surrender and give in to Trump’s demands to make the deal? Could Russia and China be feeling nervous as their ally Iran is crumbling under the might of America and Israel? A lot of possibilities could happen over the next few days, and I would not be surprised to see the Iranian people get liberated once the Islamic terrorist regime falls down.
Let me ending this piece by asking you readers to pray to the Lord for victory, for the protection of the American and Israeli forces, for the safety of civilians everywhere, for the fall of the Islamic terrorist regime of Iran, and for the liberation of the oppressed Iranian people.
The new 15% tariff on imports announced by US President Donald Trump after reacting to the Supreme Court of the United States (SCOTUS) decision is already troubling exporters of the Philippines, according to a report by BusinessWorld.
There is concern that the new tariff may dampen the export recovery of the Philippines. It should be recalled that the American tariff on Philippine-made goods was set at 19% following the meeting between President Trump and Philippine President Ferdinand “Bongbong” Marcos, Jr. last year.
To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…
THE United States government’s plan to impose a new 15% tariff on imports may dampen the Philippines’ export recovery and disrupt supply chains, according to analysts.
“Under a 15% tariff, there might be a disruption in the supply chain, because other countries might negotiate or diverge [to other markets],” Philippine Exporters Confederation, Inc. President Sergio R. Ortiz-Luis, Jr. said in a phone call.
“Unfortunately, our competitors here in the ASEAN (Association of Southeast Asian Nations) are supported by their governments, but we aren’t,” he added.
Mr. Ortiz-Luis said the Philippine government must resume negotiations with its US counterparts to ensure exports remain competitive.
Philippine Institute for Development Studies Senior Research Fellow John Paolo R. Rivera said the new tariffs could dampen export recovery, especially for electronics, garments, and agricultural sectors.
“The renewed threat of a 15% global tariff signals that protectionist risks remain and could dampen export recovery if implemented, especially for semiconductors and intermediate goods integrated into US supply chains,” he said in a Viber message.
US President Donald J. Trump said he wants to impose a new 15% duty on US imports from all countries, starting Tuesday, Reuters reported. (Read related story “Asian economies weigh impact of fresh Trump tariff, uncertainties” on S1/11).
This after the US Supreme Court struck down his previous tariff program, ruling that Mr. Trump had exceeded his authority when he imposed higher tariffs under an economic emergency law.
Government officials emphasized that the US remains an important trading and investment partner.
“We will continue to engage with (the US). A stable and predictable arrangement with the US will be very beneficial to our stakeholders,” Trade Undersecretary Allan B. Gepty said in a Viber message.
Finance Secretary Frederick D. Go earlier said that the majority of the country’s exports — like semiconductors and key agricultural goods — were already exempted before the US Supreme Court’s ruling.
The US has long been the Philippines’ biggest export market. From January to December 2025, the value of Philippine exports to the US stood at $13.44 billion.
“We don’t know under what authority he (Mr. Trump) will impose those tariffs, and if these will last. We will have to wait until the dust settles to properly assess the impact of his new universal tariffs,” Foundation for Economic Freedom President Calixto V. Chikiamco said in a Viber message.
Reuters reported the new US tariffs are grounded in a separate but untested law, known as Section 122, that allows tariffs up to 15% but requires congressional approval to extend them after 150 days.
Foreign Buyers Association of the Philippines President Robert M. Young said its members have been resuming talks with its US buyers.
“We have survived, for the last eight months, the US’ 19% tariff. So, I think we have to just go on with what we are doing, and we’ll try our best to just lower our price to be competitive with other ASEAN nations,” he said via telephone.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Filipino exporters will do better with the new 15% tariff instead of the previous one set at 19%? If you are managing a company that makes products for export mainly to the United States, do you have any backup plans when dealing with new tariffs?
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
Manila is preparing to lead a unified Southeast Asian push for a preferential trade agreement with the United States (US) following Washington’s decision to impose a 15 percent global tariff on imports.
Trade Secretary Cristina Roque said the government intends to leverage its 2026 chairship of the Association of Southeast Asian Nations (ASEAN) to safeguard the region’s export competitiveness and navigate the sudden shift in American trade policy.
Roque added that the government will also raise this matter during the upcoming ASEAN Economic Ministers (AEM) Retreat in the coming month.
“Definitely that will be one of the topics that we will be talking about,” she told reporters on the sidelines of the ASEAN Editors and Economic Opinion Leaders Forum.
She, however, said the government has yet to formally discuss the region’s position, given that the US’ new sweeping tariffs were just announced over the weekend.
Finance Secretary Frederick Go, on the other hand, said this is an issue that all ASEAN members “love to talk about when we’re together.”
“What it made clear to us is that we have to open new markets,” said Go.
The US Supreme Court ruled on Feb. 20 that President Donald Trump’s reciprocal tariffs implemented under the International Emergency Economic Powers Act (IEEPA) were unconstitutional.
In the aftermath of the ruling, Trump immediately slapped a 10 percent surcharge on imports to the US, later raising it to 15 percent.
The new global tariff brings another wave of uncertainty that may undermine the exports of ASEAN members and ultimately their respective economic growth.
The Philippines is taking an active role in calling for deeper regional integration to accelerate investment flows and future-proof the region.
As ASEAN chair, Roque said a major priority is to oversee the passage and entry into force of the ASEAN Digital Economy Framework Agreement (DEFA).
DEFA aims to set the region’s common rules on e-commerce, digital trade, cybersecurity, digital payments, emerging technologies, and cross-border data flows.
The agreement is seen doubling the value of ASEAN’s digital economy, which is already on track to reach about $1 trillion by 2030.
“We recognize the complexity of today’s global environment—geopolitical tensions, technological disruption, supply chain shifts, and climate risks. Yet we remain confident in ASEAN’s collective strength. ASEAN bonded together is a force that cannot be ignored,” said Roque.
For the year, Roque said priorities of the ASEAN chairship also include cross-border mobility of digital talent and industrial development of semiconductors and critical minerals.
By observing the attitude of the current administration and its diplomats, the Philippines is acting as if it is a major player on international affairs and world economics. Its chairmanship of the ASEAN is the latest example of this. Clearly the Philippines is afraid of the new global tariff implemented by Trump. Filipino exporters have endured the previous 19% tariff by America. When it comes to economic growth, the Philippines has weakened achieving only 4.4% growth in 2025 and the fallout of the flood control corruption scandal is still being felt socially and economically.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Philippines will be a very effective leader of the ASEAN this year? Do you think the Philippines is truly standing up for the economic interests of each and every Southeast Asian nation when dealing with Trump tariffs? Is the Philippines leading ASEAN to a potential embarrassment on international affairs and economics?