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Trump: Philippines Will Pay 19% Tariff

8 hours ago

On July 23rd, U.S. President Trump stated on social media: "The Philippine President Ferdinand Marcos and his numerous representatives have just left the White House. It was an excellent visit, and we have reached a trade agreement. The Philippines will open its market to the U.S. with zero tariffs. However, it should be noted that the Philippines will also pay a 19% tariff. Additionally, we will collaborate on the military front. I am honored to be with this president. He is highly regarded in his country and deserves that. He is also an extremely excellent and tough negotiator." (Golden Finance)
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