Manila, April 3 -- Finance Secretary Ralph Recto said the Philippine economy remains resilient amid global trade shifts.

In a statement Thursday, Recto said the government will leverage the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to attract more investors to locate in the country.

Recto made the statement following United States President Donald Trump's recent announcement that the US will impose higher tariff for goods entering the US.

Trump's latest announcement includes a 17 percent tariff that will be imposed to Philippine exports.

The US imposed higher tariffs on Vietnam (46 percent), Thailand (36 percent), Indonesia (32 percent), Malaysia (2...