US Reaches Trade Deal With the Philippines: Trump

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US Reaches Trade Deal With the Philippines: Trump

U.S. President Donald Trump meets with Filipino President Ferdinand Marcos Jr. at the White House in Washington on July 22, 2025. Andrew Caballero-Reynolds/AFP via Getty Images

President Donald Trump announced Tuesday that the United States has reached a trade agreement with the Philippines that includes a 19 percent tariff on goods imported from the Southeast Asian country.

The agreement will eliminate tariffs on U.S. exports to the Philippines, according to Trump, who praised Philippines President Ferdinand Marcos Jr. for “going open market with the United States.”

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