The situation of the Philippines under the tariff war: One potential benefit comes from trade diversion.

In the global trade war, most countries are losers, but some have been less affected. In the current tense situation, the Philippines has emerged as an unexpected beneficiary, with its currency, the peso, and stock market performing better than those of other regional countries. This relative success stems from various factors that enable the Philippines to better withstand trade disruptions compared to many of its neighbors.

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