Mounting stockpiles and slow pace of distribution congest warehouses nationwide

PTVPhilippines

Mounting stockpiles and slow pace of distribution congest warehouses nationwide   U.S. President Donald Trump doubles down on his plans to slap as many tariffs as he can muster   Baguio LGU targets more installation of modern CCTVs on major thoroughfares   DSWD lauds NAPC as the newest member of EPAHP-CAR   For more news, visit:  ►https://www.ptvnews.ph/   Subscribe to our DailyMotion Channel:  ►http://www.dailymotion.com/peoples-television-incorporated   Subscribe to our YouTube channel:  ►http://www.youtube.com/ptvphilippines   Like our Facebook pages:  ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas   Follow us on Twitter:  ►http://twitter.com/PTVph   Follow us on Instagram:  ►https://www.instagram.com/ptvph   Watch our livestream on:  ►http://ptvnews.ph/livestream/  ►https://www.dailymotion.com/PTVPhilippines   Watch our News Programs, every Mondays to Fridays   Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am  Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm |  6:00 - 6:30pm | 9:30 - 10:00 pm  PTV Sports - 8:00 - 9:00 am  Bagong Pilipinas Ngayon - 12:30 - 1:00 pm  Sentro Balita - 1:00 pm - 2:00 pm  Ulat Bayan - 6:30 pm - 7:00 pm  PTV News Tonight -  10:00 pm - 10:30 pm   Saturday & Sunday:  ►Sentro Balita Weekend - 1:30 - 2:00 pm  ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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00:00A trouble-free and thankfully cooler Thursday evening to all.

00:09Yours truly, Sharms Ispina here, eager and glad to bring you PTV News Now.

00:13Now, tops on our stories for tonight.

00:17National Food Authority Administrator Lani Lakson is a bit edgy and growing worried today.

00:22This as a result of mountains of rice sacks piling up in warehouses nationwide.

00:27Due to a slow rice procurement pace with a harvest season that's just begun amidst low demand and new inventory racking up.

00:34The bane of his worry, at least 6.1 million bags or sacks of 50 kilos each sitting idle in storage

00:41and not converting into sales as quickly as the volume of new inventory coming in.

00:46In a radio interview earlier today, he bewailed the sluggish demand and slow pace of grain distribution

00:53to include those under food security emergency measures, which he blamed on getting stuck and snagged in red tape or too much paperwork.

01:01Nevertheless, Lakson assured all the stockpiles are in good condition and far from a state of spoilage.

01:07But should the status quo persist or hold indefinitely, he said he may be left with no option but to auction off what he has.

01:15Right now, total sales have yet to hit a hundred thousand sacks,

01:19even as he and his surrogates try to negotiate deals with cooperatives and local government units for more warehouse or storage space.

01:30And turning to news in foreign shores,

01:32US President Donald Trump's on and off tariff policy has set the wrong signal to the business world and to global trade

01:39with EU, Canada, Mexico all bracing themselves for after April Fool's Day when Trump's tariffs kick in.

01:46With consumer confidence at a two-year record low,

01:49Trump's handpick for the Federal Reserve has sounded off how the damage of tariffs is putting the US straight into the path of recession.

01:58The US White House correspondent Carolyn Persutti has this report.

02:02Tariffs and counter tariffs with no end in sight.

02:06No, I'm not going to bend at all.

02:08As of right now, the US places a tariff on metals imported from the European Union.

02:13The European Union puts a 50% tariff on US whiskey.

02:17US President Donald Trump threatens a 200% tariff on European wine, champagne and spirits.

02:24We've been ripped off for years and we're not going to be ripped off anymore.

02:28The US imposes 25% tariffs on Canadian metals and an April tariff on lumber, dairy products and cars.

02:36Canada levies then withdraws tariffs on electricity exports but keeps tariffs on $21 billion worth of American goods.

02:46We don't need their cars, we don't need their energy, we don't need their lumber.

02:51The US puts a tariff on Mexican foods but exempts certain items included under the North American Free Trade Pact,

02:58signed in President Trump's first term.

03:00A tariff on cars from Mexico is also rescinded.

03:04Mexico says it will respond on Sunday.

03:07And for China, 20% tariffs overall.

03:10Now there'll be a little disruption but it won't be very long.

03:14The unpredictability drives US stocks wild.

03:18Analysts say if it continues, all governments lose.

03:22They think that if they protect their economy, they're going to increase the productivity

03:27and the competitiveness of industries in their own market.

03:32And actually what they're doing is putting them at a disadvantage in terms of price and access to global markets.

03:40The US argues economic pain now will yield great results later.

03:44Treasury Secretary Scott Besant.

03:46The tariffs, we've got strategic industries we've got to have.

03:50We want to protect the American worker but a lot of these trade deals haven't been fair.

03:55The administration is sending a signal that it's not business as usual here.

03:59It's now more exports and less imports.

04:02The next round of tariffs goes into effect April 2nd.

04:06Carolyn Persutti, VOA News, the White House.

04:13At this juncture, let's shift focus to my colleague in PTV's Baguio City studios

04:17for what's brewing lately in the Cordilleras. Audrey?

04:20Good evening.

04:22The local government of Baguio City is working to install modern closed-circuit television

04:28and CCTV units in the streets of the city.

04:35The local government is working to establish a Crime and Traffic Monitoring Smart City Command Center.

04:42According to the local chief executive,

04:45they will install 40 automatic number plate recognition CCTV cameras

04:51and number coding areas to monitor traffic conditions

04:57in case of traffic violations and accidents.

05:02In addition, they will install 40 ANPR CCTV units

05:07to monitor entry and exit points of major intersections in the city.

05:14According to the local government,

05:16they will install 115 CCTV cameras in the business district for real-time monitoring.

05:24According to the mayor,

05:26this will help the city's assets and resources to be distributed

05:30so that the services under the Crime Index, Traffic Greening Program can be monitored.

05:39It is a blatant denial to the Department of Social Welfare and Development-filled office Cordillera,

05:45the National Anti-Poverty Commission,

05:47that the agency will enhance the Partnership Against Hunger and Poverty in the region.

05:56It is a blatant denial to the Department of Social Welfare and Development-filled office Cordillera,

06:00the National Anti-Poverty Commission,

06:03that the agency will enhance the Partnership Against Hunger and Poverty in the region.

06:06According to the agency,

06:08the agency will enhance the Partnership Against Hunger and Poverty in the region.

06:23According to the agency,

06:2425 partners of the DSWD-filled office will be established

06:31to build a capacity-building on the Pantawid Pamilyang Pilipino Program

06:35in the Family Development Session,

06:37Gender Sensitivity,

06:39and Parents for the Development of Children Module.

06:44This has been PTV Cordillera

06:47and Audrey Villana for Imbag Arabi.

06:51Many thanks Audrey.

06:52And so we have come to the end of the show.

06:55Join us again next week for yet another round of late-breaking stories.

06:58And make it always a habit to stay connected by keeping it here for news you can count on,

07:03news you can trust.

07:04Sharmza Spina here wishing you all a cooler and more restful night ahead.

07:08And thank you for watching PTV News Now.

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