Philippine energy firms increase local production amid tariffs

Energy infrastructure development in the Philippines may face higher costs due to new tariffs imposed by U.S. President Donald Trump. Analysts suggest that this could lead to increased reliance on local production and attract foreign investment. While the trade tensions may impact global supply chains, some experts believe the Philippines could benefit from its own production of critical metals. This may help mitigate the effects of rising material costs on the energy sector. The local market may also see opportunities for growth as companies look to relocate manufacturing from China. This shift could enhance the Philippines' position in the global energy market.