Trump's tariffs may weaken Philippine stocks this week

business.inquirer.net

Philippine stocks are expected to decline this week due to potential global tariff increases as a US trade truce ends on July 9. Investors are showing caution, anticipating the expiration of the 90-day trade truce initiated by former US President Trump. The Philippine Stock Exchange Index (PSEi) closed below 6,400 last week amid rising trade tensions and faster inflation. Analysts suggest a trade deal or extended negotiations could boost the market. The possibility of further interest rate cuts by the Bangko Sentral ng Pilipinas might offer some support.


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Trump's tariffs may weaken Philippine stocks this week | News Minimalist