Of soybeans, sugar and coconuts: Will PHL farm sector gain from US-China trade war?

The trade war between Beijing and Washington has shaken up the world market since it started in 2018. A part of the economic disputes between the world’s two largest economies involve millions of farmers: “Escalation of a trade war between the United States and China can throw a monkey wrench in the gears moving agriculture trade.

To date, the two countries, which serve as important hubs in global value chains, have brokered a Phase One trade agreement but implementation has yet to be seen.

With President Duterte in a pivot to China as an ally, how will the Philippines stand to benefit from such trade war?

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