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From the Manila, Philippines report, Philippine exports to the United States (US) will now be subject to a 19 percent tariff, down from the 20 percent tariff Washington initially planned to impose, US President Donald Trump announced following what he called a “beautiful visit” by President Ferdinand R. Marcos Jr.
The report said that part of the new deal includes granting zero tariffs for American products bound for the Philippines. It was a beautiful visit for the tariff Trade Deal is going OPEN MARKET with the United States, and ZERO Tariffs, and only 19% tariff for the Philippines to pay.
In addition to the report, Marcos, the first Southeast Asian leader to meet with Trump during his second term, reaffirmed the bilateral alliance, calling the US the Philippines’ “strongest, closest, most reliable ally.” Both leaders also signaled expanded military cooperation.
Source: PNA
The report said that part of the new deal includes granting zero tariffs for American products bound for the Philippines. It was a beautiful visit for the tariff Trade Deal is going OPEN MARKET with the United States, and ZERO Tariffs, and only 19% tariff for the Philippines to pay.
In addition to the report, Marcos, the first Southeast Asian leader to meet with Trump during his second term, reaffirmed the bilateral alliance, calling the US the Philippines’ “strongest, closest, most reliable ally.” Both leaders also signaled expanded military cooperation.
Source: PNA