Trump Announces 19% Tariff on Philippine Goods
Digest more
The US Department of State on Wednesday announced at least P3 billion ($60 million) in foreign assistance funding for the Philippines to support energy,
16h
Esquire Philippines on MSNManila Gets Slight 'Discount' On Trump Tariffs: Does This Matter for Local Industries?He is highly respected in his country, as he should be." Trump described Marcos as a "very good, and tough negotiator" after tackling the duty scheme. Earlier in July, Trump's government imposed a 20 percent tariff rate on Philippine products from the previously 17 percent in a new round of tariffs.
MANILA – President Ferdinand R. Marcos Jr. returned to the country on Wednesday night with over USD21 billion in investment pledges and renewed strategic commitments from the United States following a high-level three-day official visit to Washington,
MANILA, Philippines – President Ferdinand Marcos Jr. holds a press conference in Washington DC following his meeting with US President Donald Trump. Marcos is on his first official visit to the White House under US President Donald Trump. The trip was prompted by two unilateral tariff hike announcements from the US.
2dOpinion
The Manila Times on MSNCalculated urgency: Marcos Jr.’s Washington visitTHE sudden official visit of President Ferdinand Marcos Jr. to Washington, D.C. from July 20-22, should not be mistaken for an improvised diplomatic gesture. Rather, it is a deliberate, calculated move signaling the Philippines’ deepening pivot toward the United States amid intensifying geopolitical currents in the Indo-Pacific.
President Ferdinand R. Marcos Jr. said the planned US-backed ammunition manufacturing hub in Subic Bay is a longstanding initiative under the Self-Reliant Defense Posture (SRDP) program, aimed at strengthening the country’s national defense.
President Donald Trump said the U.S. has "concluded" a trade deal with the Philippines that includes a 19% tariff on goods from the southeast Asian country.
To make the US' intervention in regional affairs "legitimate" and present its de facto geopolitical scheming as fulfilling its obligations to an ally, Washington cites the Mutual Defense Treaty it signed with Manila in 1951 in the wake of the Cold War as a basis for its irrationally fast-growing military presence in the region.