Trade Undersecretary Ceferino S. Rodolfo said the Philippines would benefit from a substantial increase in trade and investments from the United States when the Trump administration imposes sanctions on Asean countries it has huge trade deficit with, a list that does not include the Philippines.
Rodolfo yesterday said he was anticipating more US companies to set up shop in the Philippines, a positive development that might arise from the backlash that neighboring countries would receive once US President Trump started slapping trade sanctions.
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