PH ‘most vulnerable’ to Trump protectionism

The Philippines will end up as a “biggest loser” if US President Donald Trump continues a push to deliver on protectionist campaign promises, a London-based consultancy said in a new rerport.

Capital Economics noted that recent developments, from the resignation of White House chief economic advisor Gary Cohn — a free trade advocate — to the introduction of tariffs on products ranging from solar panels to steel, were fueling fears of a global trade war.