Finance Secretary Carlos Dominguez 3rd said Association of Southeast Asian Nations (Asean) member-economies, including the Philippines, should pursue strategies that would promote inclusive growth to counter the negative effects of emerging protectionist polices and a possible trade war between the United States and China.

At the recently concluded 12th session of the Asean Finance Ministers Investors Seminar (AFMIS) held in Lapu-Lapu City, Dominguez said that along with other Asean member-economies, the Philippines views potential “inward-looking” policies and the possible trade war between economic powerhouses “with great concern.”

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