PRESS RELEASE
19 November 2025
The Philippine Chamber of Commerce and Industry (PCCI) welcomes the Executive Order issued by U.S. President Donald Trump on 14 November 2025, lifting reciprocal tariffs on key Philippine agricultural products such as coconut, coffee, tea, tropical fruits and juices, cocoa, spices, bananas, oranges, tomatoes, beef, and certain fertilizers.
“The exemptions will provide much-needed relief to exporters, help safeguard jobs, and strengthen the competitiveness of Philippine products in one of our most important markets,”
PCCI President Consul Enunina V. Mangio said.
Philippine trade data shows semiconductor shipments are exempted from reciprocal tariffs. This semiconductor exports are estimated to be USD 2.5 to 3 billion, supporting economic stability and enhancing the country’s resilience in strategic industries.
With the additional exemptions of agricultural products, a large portion of Philippine exports to the US will now be exempted from reciprocal tariff.
“The PCCI appreciates the U.S.’s continued support and recognition of the Philippines’ trade leadership. This announcement underscores the strong partnership between our countries and reinforces opportunities for Filipino enterprises to expand,” President Mangio added.
The PCCI will continue working closely with the Department of Trade and Industry to support ongoing trade negotiations with the United States, ensuring Filipino businesses remain competitive in key markets. END

PCCI welcomes U.S. tariff exemptions for PH key products