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News in English (USA) / 23.07.2025 / 04:00

Trump Announces Trade Deal with the Philippines, Imposing 19% Tariff on Goods

In a recent meeting at the White House, President Trump finalized a trade agreement with Philippine President Marcos, which will see a 19% tariff imposed on goods from the Philippines. The deal follows negotiations that also included talks with Indonesia. While Trump expressed confidence in the terms of the agreement, its reception in the Philippines remains uncertain, with no official confirmation from Manila yet. This development raises questions about the impact of these tariffs on U.S. relations with its Asian allies amidst ongoing tensions with China.
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