Manila, Feb. 25 -- The Philippines will sustain its active engagement with the United States (US) to ensure that the two countries' longstanding trade and investment partnership remains stable and mutually beneficial, Malacanang said on Wednesday.

The statement came after US President Donald Trump earlier raised the global import tariff to 15 percent from the 10-percent rate initially introduced following a Supreme Court ruling that struck down his previous trade policy.

Speaking to reporters, Palace Press Officer Claire Castro said the country's economic managers are already looking into the latest development.

"In the meantime, we will evaluate and monitor recent developments. Our goal is to ensure that our trade and investment relat...