United States President Donald Trump has announced a new 19 percent tariff on goods imported from the Philippines, following a meeting with Philippine President Ferdinand Marcos Jr. at the White House.
The announcement was made via Trump’s social media platform, where he described Marcos’ visit as “beautiful” and revealed that under the new arrangement, goods exported from the United States to the Philippines would face zero tariffs.
Trump further noted that the two countries, long-time allies in the Pacific, would also collaborate more closely on military matters, although he did not provide specific details regarding the nature or scope of the cooperation.
As of the time of this report, President Marcos Jr. has yet to issue any official comment on the new tariff measure or the proposed military partnership.
The move has sparked interest among trade analysts, as it could significantly affect bilateral trade dynamics between the two nations.