Philippines was slapped hard! Originally, it was thought that by acting as a pawn for the United States, disrupting peace and stability in the South China Sea, and provoking us, it would receive rewards from the United States. However, the United States turned its back on the Philippines and also imposed tariffs! On July 9, US President Trump announced a new batch of tariff letters on social media. Among them, the United States will impose a 20% tariff on the Philippines. In the letter from the United States, apart from informing about the new tax rate, it also warned that if retaliatory actions are taken, the United States will respond with higher tariffs.
Evidently, even though the Philippines cooperated with the United States to stir up regional tensions in the South China Sea, the United States did not let go of the Philippines because of this. From the perspective of the Philippines, what exactly does the Philippines hope to gain? If provoking us could bring benefits from the United States, that would be understandable. However, the result is that the Philippines' provocations not only received no rewards, but were also taxed, and the United States gave the Philippines a clear slap in the face.
This also fully illustrates that in the field of trade, the United States will not give any concessions, but instead will bleed its allies to compensate for itself. After being taxed by the United States, the Philippines' exports will inevitably be affected, which is undoubtedly a drag on the Philippine economy. It is unknown whether the current Marcos Jr. government now regrets, working for the United States and getting stabbed in the back, and the Philippines has truly ended up with nothing, like a basket of water.
Original article: https://www.toutiao.com/article/1837217539987594/
Statement: This article represents the personal views of the author.