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I don't think Trump will have a major impact on the Philippines' economy. And he's not annoyingly self righteous about Duterte as Obama and Hillary was. So I think US-Philippines relations will be in the upswing.
Either way, China will be a much bigger factor in the future of Filipino development than the US. So as long as there is peace between the Philippines and the US/China, it will be beneficial for development.
The Philippines is actually swinging far below it's potential. It is very well placed for future development. It is a large archipelago right next to China and very close to the PRD, which will likely be the world's greatest economic region in the next 10 years. The Philippines should become a major economic and industrial power, it is far from its potential right now. I think things will be changing soon however.
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