MANILA -- The Philippine economy expanded 5.4% in the first three months of the year, which was below forecasts by many analysts, as uncertainty from U.S. tariffs and the global trade war starts to hit one of Southeast Asia’s fastest-growing economies.
Economy
Philippine Q1 GDP misses forecasts as Trump trade war starts to bite
Country braces for 'period of volatility' despite facing relatively low US tariffs
A vegetable seller at a public market in Manila. The country's GDP growth in the first quarter of the year was bolstered by strong consumer spending. © Reuters
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