Philippines to pay 19% tariff following trade deal, says Trump
Following a White House visit by Filipino President Ferdinand Marcos, U.S. President Donald Trump announced a trade agreement with the Philippines. Trump stated that the Philippines would be entering an "OPEN MARKET" relationship with the United S...
By Reuters | Updated:
Agencies
U.S. President Donald Trump said on Tuesday that the Philippines will pay a 19% tariff rate following the conclusion of a trade deal with the United States.
"It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff," Trump said after Filipino President Ferdinand Marcos visited the White House.
"It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff," Trump said after Filipino President Ferdinand Marcos visited the White House.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
Related Articles
Iran war actual cost: How much fund Donald Trump's U.S. is spending in conflict against Tehran? Amount will shock Americans2026-06-23T14:23:10Z- Iran makes 'major concessions', agrees to long-term nuclear inspections, claims Trump2026-06-23T11:29:32Z
- A tax-law argument could make or break Trump's H-1B $100,000 plan2026-06-23T05:35:50Z
ADVERTISEMENT
