The Philippines is working on a ¡°mutually beneficial¡± strategy to boost economic ties with the U.S. under President-elect Donald Trump, Manila¡¯s envoy to Washington said.

¡°Our interests are very much aligned,¡± Ambassador Jose Manuel Romualdez said in an interview Thursday at his Washington office. ¡°I am convinced and confident that there will be no major changes, especially on the defense side.¡±

¡°Definitely, the economic part of our relationship is where we really need to be watchful of,¡± Romualdez separately told foreign correspondents in Manila during an online briefing on Friday.