Tariff Tiff With Japan Threatens Autos Hub Status

Negotiations with Japan over the reduction of automotive import tariffs could threaten the Philippines' ambitions to become a regional production and export hub unless the two countries reach an agreement. BMI believes that the Philippines' request to retain tariffs on parts especially could have negative implications for the industry's development, if Japanese companies refuse to invest further in local operations. This is largely due to the large Japanese presence in the local

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