U.S. proposed FTA with Philippines

The United States is proposing FTAs with the Philippines to allow for freer trading between the countries. An article stated, that it would not only be beneficial for the United States but also greatly beneficial for Philipino exporters. In the U.S. viewpoint, it would strengthen ties with an ally during the current war on terror and give the Bush administration much needed international support. In terms of the Philipino producers, looser tariffs on primary goods such as steel, textiles, and sugar would allow them to sell their products for the same price but make more producer surplus.
For the Philippines opening up trade between a highly-developed country such as the U.S., a leader in the global trading market, will allow for products to be sold at a much more rapid pace meaning more capital. For a developing country to open trade with one of the world's largest markets it boost their economy and aid in their development. In conclusion, this proposed FTA would be beneficial for U.S. consumers, as well as, Philipino consumers and producers.