Senate President Francis “Chiz” Escudero has called on the Philippine government to start proactive planning for potential changes in US policies, with the possibility of former President Donald Trump returning to office. Escudero emphasized the importance of being “one step ahead,” noting that Trump’s administration could significantly impact both the US and the Philippines.
Escudero described Trump as a “major macroeconomic assumption,” highlighting the need for thorough analysis of his policy promises and their potential effects on the Philippines. “From trade to security to immigration, what he said he plans to do, some on day one of his administration, would certainly impact us,” Escudero stressed.
A key concern raised by the Senate president is Trump’s pledge to carry out large-scale deportations of illegal immigrants, which could affect an estimated 300,000 undocumented Filipinos in the US. “How many of the estimated 300,000 vulnerable Filipinos will be in the first wave of expulsion?” Escudero questioned, pointing out the logistical challenge such deportations could pose.
Escudero also urged the government to consider Trump’s proposed high tariffs and their potential repercussions on the Philippine economy. “Almost $1 of every $7 in our economy comes from trade with the US,” he noted, warning that the imposition of high tariffs could weaken the peso and inflate foreign debt.
Addressing the broader geopolitical implications, Escudero called for a reassessment of US-Philippines relations, which were strengthened under President Biden. “On the security front, will a second Trump administration be hawkish or dovish against China? We must be ready in case they have a new position in Washington,” he stated.
Escudero concluded by emphasizing the urgency of preparation: “There is no reason for the Philippine government to be caught flatfooted and stand helpless as the ground beneath it caves in.”