Starting August 1, 2025, the United States of America (USA) will impose a 20% tariff on all and any Philippine-made products coming into their shores as stated in US President Donald Trump’s official letter to President Ferdinand “Bongbong” Marcos, Jr., according to a Philippine News Agency (PNA) news article. In response, the Philippines wants to renegotiate with America while there is still time.
For the newcomers reading this, America previously set a 17% tariff on the Philippines when Trump unveiled last April the many tariff rates on many nations. The Philippines was confident about the negotiations they had with their American counterparts.
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
The Philippine government is looking to renegotiate the 20 percent tariff imposed by the Trump administration on Philippine goods, according to Philippine Ambassador to the US Jose Manuel Romualdez.
In a letter dated July 9 addressed to President Ferdinand R. Marcos Jr., US President Donald Trump announced that beginning Aug. 1, 2025, the US will raise tariffs on Philippine goods to 20 percent—up from the previously announced 17 percent rate.
In a text message to the Philippine News Agency on Thursday morning, Romualdez said Manila would formally request a review of the tariff hike from Washington D.C.
Trump, in his letter, recognized the Philippine-US trade relations and said the latter has “agreed to continue working with the Philippines, despite having a significant trade deficit.”
“Starting on August 1, 2025, we will charge the Philippines a Tariff of only 20 percent on any and all Philippine products sent into the United States, separate from all Sectoral Tariffs,” it read.
Trump said there would be “no tariff if the Philippines, or companies within” the country decide to build or manufacture products within the US.
The US, he added, is also open to “reconsider an adjustment” if the country opens its “closed trading markets to the United States,” and eliminates its “tariff, and non-tariff policies and trade barriers.”
“These tariffs may be modified, upward or downward, depending on our relationship with your country,” he said.
Trump, meanwhile, warned Manila against reciprocating the move with a tariff increase.
“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 20 percent that we charge,” he said.
For transparency, posted below is the 2-page letter of Trump to Marcos regarding tariffs.
The first page.
The 2nd page.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines fell short in its recent negotiations with the United States which resulted in a higher tariff at 20%? Do you think the economic managers of the Philippines can convince America to delay, if not lower, the declared tariff? Do you think a 20% tariff rate by America will hurt the economy of the Philippines this year?
To those of you who are living with worldliness and are still under the influence of evil, I want to you realize that Lord Jesus is the Hope of ALL nations and you still have time change and submit yourselves to Him.
If you are part of the Islamo-Leftist mob and you have participated in serving the terrorist state of Iran, you allowed Qatar’s sinister leaders to influence you with terrorist news network Al Jazeera, you supported Palestinian terrorists and hated Israel, you can stop being evil and come to Lord Jesus for submission and repentance.
If you are part of the Satanic Left and you have participated in the disruptive activities of the woke mob, the LGBTQ gangs, the anti-Christian mob, the Black Lives Matter racism movement, the Islamo-Leftists and illegal immigration supporters, you can stop living with foolishness and just come out and surrender to Lord Jesus now. Do not be afraid because the Lord is gentle and all you need to do is to surrender to Him, repent to Him and allow the Holy Spirit to enter your heart.
If you are part of idolatrous, organized religion and you harassed many people because you intended to impose your beliefs on them, you should stop yourself and take the time to see the light of Lord Jesus who offers hope that you never realized. Lord Jesus is the hope of ALL nations and clearly your unholy religious teachers and idols never told you about His hope nor did they want you to know God’s plan for you. Always remember that religion treats you like a trapped animal and that you are never worthy. Lord Jesus is the way to God, and you don’t need religion.
If you need enlightenment, click the content reference from Looking for Blessed Hope below and learn from the teaching of God’s Word led by Pastor Amir Tsarfati.
For enlightenment and freedom from evil influences, I encourage you to start reading the Holy Bible (the Word of God), allow the Holy Spirit to guide you, and live on with the light and teachings of Lord Jesus. Jesus is our Redeemer, our Savior and the Light! For your advancement, realize the truth from the holy scriptures below…
Immediately Jesus made His disciples get into the boat and go before Him to the other side, while He sent the multitudes away. And when He had sent the multitudes away, He went up on the mountain by Himself to pray. Now when evening came, He was alone there. But the boat was now in the middle of the sea, tossed by the waves, for the wind was contrary.
Now in the fourth watch of the night Jesus went to them, walking on the sea. And when the disciples saw Him walking on the sea, they were troubled, saying, “It is a ghost!” And they cried out for fear.
But immediately Jesus spoke to them, saying,
“Be of good cheer! It is I; do not be afraid.”
And Peter answered Him and said, “Lord, if it is You, command me to come to You on the water.”
So He said,
“Come.”
And when Peter had come down out of the boat, he walked on the water to go to Jesus. But when he saw that the wind was boisterous, he was afraid; and beginning to sink he cried out, saying, “Lord, save me!”
And immediately Jesus stretched out His hand and caught him, and said to him,
“O you of little faith, why did you doubt?”
And when they got into the boat, the wind ceased.
Then those who were in the boat came and worshiped Him, saying, “Truly You are the Son of God.”
Matthew 14:22-33 (NKJV)
Jesus answered and said to him,
“Most assuredly, I say to you, unless one is born again, he cannot see the kingdom of God.”
John 3:3 (NKJV)
For God is one, and there is one Mediator between God and the sons of men—the true man, Jesus, the Anointed One.
1 Timothy 2:5 (TPT)
Be aware that the ties between Jews and Christians are real and biblical. Be aware that all of the first followers (early Christians) of Lord Jesus were Jewish, and the Lord paved the way for people of different ethnicities and different nations to come to Him and be adopted willingly. You need Lord Jesus and the Word of God, not diversity and not inclusion.
Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel, learn to love and bless the Jewish people and pray for the peace of Jerusalem! Live on with the presence of God and the Holy Spirit!
They finally did it! The United States Agency for International Development (USAID) –the independent agency of the American government responsible for administering civilian and foreign aid – was formally shut down by the Trump administration and has been incorporated into the State Department, according to a news report by Breitbart.
It should be remembered that USAID was heavily abused for a long time and a lot of taxpayers’ money was abused for questionable and wrongful purposes around the world such as funding LGBTQ projects, pushing abortion overseas, overseas tourism promotions, terrorist funding, creating a Sesame Street in Iraq, creating a mural in Parañaque City, and more.
As expected, there are high-profile figures who still want USAID to continue even though the abuses have been exposed. This new development with USAID is undeniably a major change decades in the making and United States Secretary of State Marco Rubio issued statements defending the move.
To put things in perspective, posted below is an excerpt from the Breitbart news report. Some parts in boldface.
The US foreign aid agency formally closed down Tuesday, with President Donald Trump’s administration trumpeting the end of the “charity-based model” despite predictions that millions of lives will be lost.
Founded in 1961 as John F. Kennedy sought to leverage aid to win over the developing world in the Cold War, the US Agency for International Development (USAID) has now been incorporated into the State Department — after Secretary of State Marco Rubio slashed 85 percent of its programming.
In a farewell to remaining staff on Monday, former presidents George W. Bush and Barack Obama — as well as U2 frontman Bono — saluted their work and said it was still needed.
Bush pointed to PEPFAR, the massive US effort to fight HIV/AIDS that he considers one of the top achievements of his 2001-2009 Republican presidency.
“This program shows a fundamental question facing our country — is it in our nation’s interest that 25 million people who would have died now live? I think it is,” Bush said in a video message seen by AFP.
Obama, who like Bush has been sparing in openly criticizing Trump, said that ending USAID was “inexplicable” and “will go down as a colossal mistake.”
“Gutting USAID is a travesty and it is a tragedy because it’s some of the most important work happening anywhere in the world,” the Democrat said.
A study published in the medical journal The Lancet predicted that more than 14 million people would die, a third of them small children, by 2030 due to the foreign aid cuts.
‘Little to show’ – Rubio painted a drastically different picture of USAID, which was an early target of a sweeping government cost-cutting drive led for Trump by billionaire Elon Musk.
Rubio said that USAID’s “charity-based model” fueled “addiction” by developing nations’ leaders and that trade was more effective.
“Beyond creating a globe-spanning NGO industrial complex at taxpayer expense, USAID has little to show since the end of the Cold War,” Rubio wrote in an essay.
He also complained that many recipients of US aid do not vote with the United States at the United Nations and that rival China often enjoys higher favorability among the public.
A senior State Department official, speaking on condition of anonymity, said that The Lancet study relied on “incorrect assumptions” and said the United States will continue aid but in a “more efficient” way.
He said that PEPFAR will remain, with a priority on stopping HIV transmission from mothers to children.
But he acknowledged the United States was no longer funding PrEP medication, which significantly reduces the rate of HIV transmission and has been encouraged by high-risk communities.
“No one is saying that gay men in Africa shouldn’t be on PrEP. That’s wonderful. It doesn’t mean that the United States has to pay for every single thing,” the official said.
He said the Trump administration was looking at “new and innovative solutions” and pointed to food deliveries in war-battered Gaza staffed by US military contractors and surrounded by Israeli troops.
Witnesses, the United Nations and local Gaza officials have reported that Israeli troops have repeatedly opened fire and killed Palestinians waiting for aid — although the US-backed initiative, the Gaza Humanitarian Foundation, denies any deadly incidents.
Let me end this piece by asking you readers: What is your reaction to this development? Are you satisfied with the formal end of USAID and its incorporation into the State Department? Do you think a lot of people’s lives around the world will suffer from the shutdown of assistance from USAID?
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following videos I found.
#1 Retrospective look back at Superman (1978) – I don’t know with you readers but I am not excited about the new Superman movie directed by James Gunn. Nowadays I am more nostalgic about DC Comics’ most famous superhero and I have been reading decades-old Superman comic books. As for movies about Superman, the 1978 movie that starred Christopher Reeve remains a classic for long-time fans of the Man of Steel. If you are wondering how much impact does Superman of 1978 have on YouTubers, watch the videos posted below. If you have not seen Superman of 1978 yet, watch it first. Otherwise, enjoy the assorted videos below.
#2 Trump-led America obliterates nuclear sites in Iran – As Israel and terrorist state Iran continued their war, the United States led by President Donald Trump pulled off a significant move by heavily bombing the enemy’s nuclear sites. With the wicked regime of Iran (in power since 1979) substantially weakened, the bombings were very helpful not only to Israel but also to the Iranian people (who did not join their evil government’s terrorism) who had been wanting freedom for a long time. Watch and learn from the related videos below.
#3 PatmanQC examines Tapper – With my digital Xbox copy of Midway Arcade Origins, I was able to play the classic arcade game Root Beer Tapper (AKA Tapper) on my Xbox Series X. I’ve been having a lot of fun playing it and I admire the game’s design and responsive controls. For the newcomers reading this, Tapper was first released in arcades by Midway in the 1980s and made it to many computers and consoles. Not only that, the game has intriguing details behinds its history and there was more than one version of Tapper released. To learn more about the history of Tapper, watch the in-depth video of PatmanQC below.
#4 Unsolved Mysteries Season 5 Episode 8 – As I was doing a round of replaying past episodes of Unsolved Mysteries (hosted by the late Robert Stack), I replayed the 8th episode of the show’s 5th season. The said episode has an intriguing story about a man’s close encounter with a UFO in North America, a scandal within Frontera prison, a shocking crime story and updates to previous stories shown. Take time out to watch the entire episode below.
#5 Defiant Comics revisited – If you are into comic books, have you ever heard of Defiant Comics? I would not be surprised if you have not heard of the publisher or if never ready any of its comic books. Founded in 1993 by former Marvel Comics editor-in-chief Jim Shooter, Defiant Comics published some comic books that had new and unique concepts (read my reviews of Warriors of Plasm #1 and Charlemagne #1) that went against type. Unfortunately the company went out of business in 1995 as a result of having to spend a lot of money on a legal battle with Marvel Comics. On YouTube, there are not too many retrospective videos about Defiant Comics and I posted below a video that can help you discover comics, cards and details about the said publisher.
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following videos I found.
#1 The Cannonball Run revisited by GoodBadFlicks and You, Me and the Movies – Do you enjoy 1980s comedy films? How about a film that has comedy, an all-star cast, lots of cars and lots of stunts? You will find that in The Cannonball Run which was released in 1981 and became a box office hit. The film has a memorable cast including Burt Reynolds, Roger Moore (technically playing James Bond), Farrah Fawcett, Dom DeLuise, Jackie Chan, Adrienne Barbeau, Tara Buckman and others. For your enjoyment, I posted below the recent reaction video by You, Me and the Movies, and a retrospective video by GoodBadFlicks. If you have not seen The Cannonball Run, watch it first (available on Blu-ray format). Otherwise, enjoy the videos below.
#2 PatmanQC examines Super Mario Bros. 3 – When it comes to picking which is the most influential platform game on the Nintendo Family Computer (Famicom)/Nintendo Entertainment System (NES), Super Mario Bros. and Super Mario Bros. 3 are often the most popular choices as both games are really great. While the first game sold a lot more copies worldwide, the third game remains highly significant as it influenced platform game designers for a number of years. Not only that, Super Mario Bros. 3 notably was featured in the 1989 movie The Wizard. To see how Super Mario Bros. 3 was made, what the legendary Shigeru Miyamoto and teammates did and how much of an impact the game had on players, watch the in-depth video of PatmanQC below.
#3 Unsolved Mysteries examines 2001 anthrax attacks – 2001 will always be remembered as a year of uncertainty and chaos. During that year, 9/11 shocked the world which raised public fear about terrorism. Adding further to the shock and fear of the time, the 2001 anthrax attacks happened shortly after 9/11. Suddenly, a lot of people got afraid of touching pieces of mail as the anthrax attacks happened through the distribution system of the US Postal Service. Eventually, the TV series Unsolved Mysteries (hosted by the late Robert Stack) released an episode dramatizing and examining the 2001 anthrax attacks. Before watching the video below, be advised that the details can be quite disturbing.
#4 Examining the so-called success of Xbox RPG Avowed – It has been months since the Obsidian-developed Xbox fantasy role-playing game (RPG) Avowed was released. Shortly after, there were these individuals or publishers that declared the game a success even though there is no evidence to prove it was. This only reminds me of the sad reality that there are a lot of woke activists, Marxists and fake fans who have infiltrated the gaming and entertainment industries which explains the misinformation spreading around us. I played and finished Avowed and I can say that it never lived up to my expectations and the long wait since it was first announced was not worth it. Along the way, it is clear that Obsidian allowed its assigned game makers to add elements of identity politics into Avowed. Externally, there are woke nuts among game journalists, vloggers and bloggers who dedicated themselves to make Avowed look like a smash success even though reality, truth and facts are not on their side. Watch and learn from the selected videos below.
#5 James Gunn’s Superman movie to end up a huge disappointment? – Recently here in the Philippines, director James Gunn, producer Peter Safran, Rachel Brosnahan and David Corenswet arrived to meet the fans as part of their world tour to promote the new Superman movie. Considering how lavish the activities and promotions are, it is simply hard to ignore that Superman of 2025 is looking bound for box office disappointment based on the latest box office analysis and predictions. While RK Outpost examines the weakening Superman box office prospects, Ranting for Vengeance examines the many elements of the James Gunn-directed movie (based on the latest footage shown) that could turn off long-time and genuine Superman fans, and lead to failure. Watch the videos below and pay close attention to the details.
As some of you are already aware, I fully stand with Israel which is very connected with my uncompromising faith in the Lord. I keep on praying to Him for Israel to overwhelm its enemies, rescue the hostages and recover from the effects of the October 7, 2023 terrorist attacks committed by the Palestinian terrorist group Hamas. I can assure all of you that nobody from the evil Islamo-Leftist mob, nobody from the pro-Palestine radicals, nobody from the terrorist leadership of Iran and nobody from any evil society would stop me from supporting and loving Israel.
Now, on with the latest developments…
It has been days since the war between Israel and the terrorist state of Iran started. This is a war that did not just start out of the blue. In reality, it has been building up for a very long time going back to the aftermath of the 1979 Iranian revolution when the Ayatollah and his henchmen came to power. Iran drastically changed into what is now an Islamic state driven by an evil ideology that includes genocide (including the annihilation of Israel and Western democracy), hatred, violence and terrorism.
No matter what the Islamists, the Leftists and their mainstream news media partners-in-crime (read: Reuters, Associated Press, and Agence France-Presse) say, it cannot be denied that Iran is a terrorist state and their leaders and officials chanted “Death to America”, “Death to Israel” and “Death to England” so many times through the years. Iran also brutalized Iranian civilians who refused to be part of their culture of terrorism.
Along the way, Iran had been lying to the whole world as they kept moving forward with their uranium enrichment program and nuclear projects which were designed for mass destruction, not for energy. Given how hateful and evil Iran’s government really is, they should never be allowed to have nuclear weapons.
That being said, Israel launched a series of strategic aerial attacks in Iran hitting military facilities, nuclear sites and government facilities. Israel is at conflict with the Ayatollah-led government and not the civilians of Iran. In fact, Israel’s assault against Iran is meant to bring down the wicked regime and pave the way for millions of Iran to become free and hopefully move their nation towards Democracy. Israel is also doing the world a favor as Iran intends to be able to fire weapons of mass destruction (WMD) at Europe, Africa and even America.
To learn about the history between Israel and Iran, watch Ben Shapiro’s explanatory video below.
It should be noted that Israel is not only in conflict with Iran. Israel also has terrorist supporter Qatar (which has Islamic terrorist news network and propagandist Al Jazeera), Palestinian terrorist group Hamas, Houthi terrorists and Hezbollah to deal with. Iran funded and armed Hamas, Houthi terrorists and Hezbollah for a long time now. I should also mention that the corrupted mainstream news media remain antagonistic towards Israel and they allowed themselves to be partners-in-crime of Iran and Islamic terrorists.
Israel’s war with Iran is very costly and they are focused on achieving their goals to not only bring down the evil regime but also secure the safety of the Jewish state. Watch the comprehensive videos of travelingisrael and pay close attention to the details.
As mentioned earlier, you cannot rely on the mainstream news media for international updates or breaking news about the Israel-Iran war. Reuters, Associated Press and Agence France-Presse have sold their souls to Islamo-Leftists a long time ago and it is unfortunate that other smaller news organizations worldwide subscribed to their news feed which are filled with lies and distorted details designed to make Israel look bad and make people hate Israel. If you want truth and clarity, better get the news from TBN Israel and Christian Broadcasting Network (CBN). Some selected news videos posted below for you all.
As some of you may be aware right now, I will always stand with Israel and I reject all forms of evil. Learn from what God declared in the holy scriptures below.
Now the Lord had said to Abram:
“Get out of your country,
From your family
And from your father’s house,
To a land that I will show you.
I will make you a great nation;
I will bless you
And make your name great;
And you shall be a blessing.
I will bless those who bless you,
And I will curse him who curses you;
And in you all the families of the earth shall be blessed.”
Genesis 12:1-3 (NKJV)
Again God said to him, Your name is Jacob [supplanter]; you shall not be called Jacob any longer, but Israel shall be your name. So He called him Israel [contender with God].
And God said to him, I am God Almighty. Be fruitful and multiply; a nation and a company of nations shall come from you and kings shall be born of your stock;
The land which I gave Abraham and Isaac I will give to you, and to your descendants after you I will give the land.
Genesis 35:10-12 (AMPC)
No weapon formed against you shall prosper,
And every tongue which rises against you in judgment
You shall condemn.
This is the heritage of the servants of the Lord,
And their righteousness is from Me,”
Says the Lord.
Isaiah 54:17 (NKJV)
Also, let me remind you that Lord Jesus is the hope of all nations. Never allow the forces of evil to bring you down. Never let the wicked ones pull you away from the Lord. Learn from the scriptures below.
For there [is only] one God, and [only] one Mediator between God and men, the Man Christ Jesus,
1 Timothy 2:5 (AMPC)
For God did not appoint us to wrath, but to obtain salvation through our Lord Jesus Christ, who died for us, that whether we wake or sleep, we should live together with Him.
Therefore comfort each other and edify one another, just as you also are doing.
1 Thessalonians 5:9-11 (NKJV)
“I am a true sprouting vine, and the farmer who tends the vine is my Father. He cares for the branches connected to me by lifting and propping up the fruitless branches and pruning every fruitful branch to yield a greater harvest. The words I have spoken over you have already cleansed you. So you must remain in life-union with me, for I remain in life-union with you. For as a branch severed from the vine will not bear fruit, so your life will be fruitless unless you live your life intimately joined to mine.
“I am the sprouting vine and you’re my branches. As you live in union with me as your source, fruitfulness will stream from within you—but when you live separated from me you are powerless. 6If a person is separated from me, he is discarded; such branches are gathered up and thrown into the fire to be burned. But if you live in life-union with me and if my words live powerfully within you—then you can ask whatever you desire and it will be done. When your lives bear abundant fruit, you demonstrate that you are my mature disciples who glorify my Father!
John 15:1-8 (TPT)
Always pray to the Lord in support of Israel, its government, the Israel Defense Forces (IDF) and its stakeholders. Learn to love and bless the Jewish people and pray for the peace of Jerusalem. Pray to Him for Israel’s victory over terrorist state Iran, for the existence of the Jewish state and Western democracy, and for the freedom of the Iranian people.
In what could be a possible sign of economic slowdown in the Philippines, manufacturing activity for the month of May this year slowed down as demand from foreign markets weakened, according to a BusinessWorld news report.
To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…
GROWTH in Philippine manufacturing activity slowed in May due to declining output and weaker demand from foreign markets amid global trade tensions.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI), which measures the country’s monthly factory performance, settled at 50.1, slipping from 53 in April. This was the lowest index since the 49.4 contraction in March.
A PMI reading above 50 denotes better operating conditions month on month, while a reading below 50 shows the opposite.
“The promising growth observed at the beginning of the second quarter signaled a notable cooling in May,” Maryam Baluch, an economist at S&P Global Market Intelligence, said in a report on Monday. “While new orders continued to increase, they did so at a slower pace, overshadowed by contractions in other areas.”
S&P Global data on the Association of Southeast Asian Nations (ASEAN) showed that only the Philippines expanded in May, while Vietnam (49.8), Myanmar (47.6) and Indonesia (47.4) all declined.
In its report, S&P Global said output declined in May, the second contraction in the past three months.
“Overall, the downturn was marginal, but companies noted softer demand conditions weighed on production,” it said.
Despite continuing to signal a rise in new sales, the rate of expansion in new orders was slight and weaker than in April, it added. This was reflected in the softer rate of increase in input buying activity.
“The situation was further exacerbated by a deteriorating demand from foreign markets, with May witnessing a sharper drop in new export orders,” Ms. Baluch said. “As global trade tensions escalate, the outlook for overseas demand appears increasingly precarious,” US President Donald J. Trump paused his reciprocal tariffs in April for 90 days but continues to apply a 10% baseline tariff rate for most trading partners.
Ms. Baluch said the drop in production requirements was accompanied by a fresh decline in employment and the inventories of both purchases and finished goods.
S&P said employment numbers declined for the first time in four months.
The pace of job shedding was marginal, but the strongest in 11 months, which factories attributed to voluntary resignations and the nonreplacement of those roles.
S&P also cited the limited manpower for a renewed buildup of backlogs across Filipino producers.
“On a brighter note, inflationary pressures remain modest and historically subdued, which could play an important role in supporting demand moving forward,” she said.
However, cost burdens and output charges rose to the highest since January.
“The stability of price pressures may also provide a necessary buffer against the challenges posed by a cooldown in new orders and external market uncertainties,” she added.
S&P Global said manufacturers expect new orders to continue to rise, supported by confidence in the year-ahead outlook for production, but the degree of optimism was the third weakest in the series’ history.
Analysts also said trade tensions and softer demand weighing down the country’s manufacturing activity in May.
The anticipation for higher tariffs likely caused subdued exports, said Reinielle Matt M. Erece, an economist at Oikonomia Advisory and Research, Inc.
“The persistent trade tensions continue to weigh on global trade, causing exports to drop as higher tariffs may be imposed,” he said in a Viber message.
Philippine exports in the first four months rose 9.5% to $26.87 billion, according to the local statistics agency.
Mr. Erece said domestic demand slowed as the election-spending season ended. Stronger manufacturing activity is expected later this year, as local authorities continue trade talks with the US Trade Representative, he added.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines’ manufacturing sector will rebound this month?
By pointing to several economic factors, the World Bank stated that it expects the economy of the Philippines to grow less than 6% per year until the year 2031, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the news article of the Manila Bulletin. Some parts in boldface…
The Philippines’ annual economic growth is expected by the World Bank Group (WBG) to remain below six percent this year until 2031.
Its newest country partnership framework (CPF) for the Philippines, covering fiscal years (FYs) 2026 to 2031, showed that the WBG forecasts Philippine gross domestic product (GDP) growth of 5.3 percent for this year, 5.4 percent for next year, and 5.5 percent for 2027—all below the more ambitious six- to eight-percent target of the Marcos Jr. administration for the second half of its term.
“The average GDP growth forecast for 2025 to 2027 is expected at 5.4 percent. Risks are mostly tilted downside and include potential retaliation by main global players that may affect global growth further, probably hitting domestic growth,” the WBG said, referring to the lingering world trade uncertainty caused by United States (US) President Donald Trump’s tariff spree.
“Increased uncertainty could trigger instability in financial markets and capital flight,” it added.
On the flipside, “the Philippines may benefit from improved margins of preference for key export products, and from lower global commodity prices (tied to lower global growth), and absent any external pressures, the prospect of continued monetary policy rate normalization” in the next three years, the WBG said.
This year, its projected 5.3-percent GDP growth rate—poised to be the slowest pace of expansion since the Philippine economy gradually reopened from the most stringent Covid-19 restrictions—was attributed by the WBG to “the direct impacts of the higher tariffs and trade policy uncertainty on demand for exports, the effects of increased global policy uncertainty on investment demand, and the indirect effects on export and investment demand through lower global growth.”
But on the upside, “these negative effects are dampened as the Philippines is mostly integrated in services rather than merchandise value chains (that have been most affected by trade policy barriers), and as public investment and private investment in non-tradables is expected to remain robust,” the WBG added.
Philippine GDP growth is seen picking up gradually to 5.7 percent in 2028, 5.8 percent both in 2029 and 2030, and 5.9 percent in 2031.
The WBG forecasts headline inflation to be in the range of three to 3.2 percent from 2025 to 2031—within the targeted two- to four-percent annual consumer price increases deemed conducive to economic growth.
As the Marcos Jr. administration embarks on fiscal consolidation to narrow the yawning budget deficit and lower the share of public debt to the economy following massive borrowings at the height of the pandemic, the WBG projected the fiscal deficit narrowing gradually from 5.7 percent of GDP in 2024 to 5.4 percent in 2025, 4.9 percent in 2026, 4.4 percent in 2027, 4.1 percent in 2028, 3.9 percent in 2029, 3.7 percent in 2030, and 3.6 percent in 2031.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines currently does not have enough strength to exceed the crucial 6% mark for annual growth?
During the Israel Independence Day reception in Makati City, the government of the Philippines reaffirmed its commitment to strengthen its multifaceted partnership with Israel, according to a news article by the Philippine News Agency (PNA).
To put things in perspective, posted below is the excerpt from the PNA news article. Some parts in boldface…
The Philippine government reaffirmed its commitment to further strengthen its partnership with Israel, spanning key areas, such as agriculture and security.
Speaking at the Israel Independence Day reception in Makati on Thursday night, Foreign Affairs Undersecretary Jesus Domingo said Manila is eager to “further strengthen” this multifaceted partnership with the Jewish state.
Domingo said the two states share a deep and unique friendship rooted in history when the Philippines opened its door to Jewish people fleeing the Holocaust and voted in favor of a United Nations resolution to establish the State of Israel.
“These historical cornerstones form the bedrock of our strong bilateral ties over the decades, our relationship continues to expand,” he said, citing the dynamic Philippine-Israel cooperation on agriculture, technology and innovation, and security.
People-to-people connections, he added, have grown through tourism, culture exchanges, and the two nations’ shared democratic values.
“We are confident that by continuing to work together, we can achieve greater prosperity and security for both our nations and contribute positively to the global community,” he said.
Outgoing Israel Ambassador to the Philippines Ilan Fluss, meanwhile, conveyed similar hopes for stronger Philippine-Israel relations as he noted the new depth in the two states’ partnership over the past years.
This newest development shows the continuing growth of Israel-Philippines ties through the high level officials during the event in Makati. Even as anti-Semitism intensifies and Islamo-Leftists forces (including their mainstream news media partners-in-crime) around the world keep on condemning Israel, the government of the Philippines still recognizes the Jewish state and values Israel-Philippines ties. Pray to the Lord that President Bongbong Marcos will make moves for better engagement with Israel.
Overseas, Israel is making notable progress against the remaining forces of the Palestinian terrorist group Hamas in Gaza, while keeping a close watch on the terrorist state Iran which itself is negotiating with Trump-led America. Watch closely what will happen next and never lose sight on the deceptive moves of the sinister leaders of Qatar who openly support Palestinian terrorists, hate Israel and shamelessly propagate Islamic terrorism through Al Jazeera.
To my fellow Filipinos reading this, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!
I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem. Pray to Him so that Israel-Philippines ties and cooperation will keep growing stronger and more resilient no matter what happens around the world.
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following topics and the related videos I found.
#1 Popcorn in Bed reacts to The French Connection – The tribute to the late Gene Hackman continues. This time, however, it is the turn of Popcorn in Bed to do so by means of posting a reaction video of the classic film The French Connection. Hackman won the Academy Award for Best Actor as a result of playing Popeye Doyle in the film. If you have not seen The French Connection yet, watch it entirely first. Otherwise, watch Popcorn in Bed’s video.
#2 JFK Assassination records released – Recently the government of the United States officially released tens of thousands of pages of varied documents related to the 1963 assassination of US President John F. Kennedy. Unsurprisingly, the media and legal analysts are highlighting the records released and it is expected that new revelations could alter both public perception and historical recording of the tragedy of November 22, 1963. This development is one of the fulfilled promises of US President Donald Trump whose administration includes JFK’s nephew Robert Kennedy, Jr. Watch and learn from the selected videos below.
#3 Ashleigh Burton reacts to Unforgiven – When was the last time you saw Clint Eastwood in a Western? Eastwood’s last Western was 1992’s Unforgiven which he directed and won big in the Academy Awards in 1993. The movie also had the late Gene Hackman, Morgan Freeman and the late Richard Harris. Recently, Asheligh Burton posted her reaction video of the movie and it is entertaining. The late Hackman won the Academy Award for Best Supporting Actor in Eastwood’s movie. Given its high importance, Unforgiven has to been seen first before you (who have not seen it yet) watch the reaction video below.
#4 PatmanQC examines RoboCop versus The Terminator video games – Way back in 1992, I was excited to learn about the comic book crossover mini-series of RoboCop versus The Terminator (read my retro reviews by clicking here, here, here and here). In 1993, my excitement got reignited when the video games featuring the two sci-fi icons in another crossover got released. Unfortunately, I never got to play any of those games. In retrospect, the Terminator-RoboCop crossovers became important pieces of pop culture regardless of entertainment format, and if you want to learn about the history of the video games, watch PatmanQC’s in-depth RoboCop versus The Terminator video below.
#5 Assassin’s Creed Shadows controversies and the criticism against it – By the time you are reading this, Ubisoft’s highly controversial and condemned big-budget video game Assassin’s Creed Shadows is already available, and I have no intention to play it. I already played some games of the long-running Assassin’s Creed series but ultimately I never became a fan of it. For the newcomers reading this, Assassin’s Creed Shadows has been controversial and criticized for some time now due to a variety of reasons such as the game developers’ lack of respect towards the Japanese, the false portrayal of Yasuke as a Samurai (note: the historical Yasuke NEVER became a Samurai), insertions of wokeness (the result of DEI in Ubisoft) and more.
I really don’t like it when Leftist activists working in game companies insert their delusions and toxic values into video games which has been going on for many years now. The Assassin’s Creed Shadows controversies clearly rocked Ubisoft and brought down its credibility a lot. Video games are supposed to be fun, not interactive pieces of Leftist, woke and LGBTQ propaganda. To learn more and find out why, watch the videos below.
Author Carlo Carrasco 