FILE PHOTO: Senate President Francis Escudero speaks before the Filipino-Chinese Federation members and officers at the 23rd Filipino-Chinese Friendship Day celebration in Manila on Friday, June 7, 2024. – Escudero on Monday, November 11, 2024, urged the Philippine government to start preparing for potential policy shifts in the US with the looming fresh administration of Donald Trump. Noy Morcoso/INQUIRER.net
MANILA, Philippines — Senate President Francis “Chiz” Escudero on Monday urged the national government to start preparing for potential policy shifts in the US with the looming fresh administration of Donald Trump.
Escudero referred to Trump as a “major macroeconomic assumption” that the Philippines must be “one step ahead” because his moves as US president would impact not only Americans but also Filipinos.
He pointed out how Trump has always been transparent about his plans as US president, encouraging the Philippine government to assess his promises and see how they would affect 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,” the Senate president stressed.
For one, Escudero pointed out Trump’s commitment to carry out mass deportation of illegal immigrants. The Senate leader noted there are 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 asked.
READ: How Trump’s mass deportation plan will impact undocumented Filipinos
According to the Senate president, even if the US deported only one percent of the 300,000, it would already require 10 big airplanes.
He also suggested that the national government think about how Trump plans to impose high tariff walls and how it would affect the Philippine economy, especially how almost $1 of every $7 in its economy comes from its trade with the US.
“If because of him the dollar will strengthen, what effect will it have on us if it causes the peso to weaken? The value of our foreign debt is sure to balloon,” Escudero said in mixed Filipino and English.
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Escudero further urged the national government to revisit the US-Philippines relations, noting that the alliance was only boosted because of the Biden administration.
“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 said.
“There is no reason for the Philippine government to be caught flatfooted and stand helpless as the ground beneath it caves in,” he added.