Marcos’ Last Years in Power to Be Tested by Trade Risks, Duterte

Fresh from tariff talks with President Donald Trump, Philippine leader Ferdinand Marcos Jr. is on Monday set to unveil plans to boost growth as he starts the second half of his single six-year term beset with economic and political risks.

Marcos will use his annual speech to Congress to push welfare and infrastructure programs as he steers the Southeast Asian economy through global trade tensions. He’s also likely to call for national unity after his rival, Vice President Sara Duterte, on Friday successfully thwarted efforts to disqualify her from office and the 2028 elections.

“We will be talking ...