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The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.
The Philippines faces a 19% export tariff under a new U.S. trade deal granting tariff-free access to American goods.
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PhilStar Global on MSNPhilippines, Chile hold FTA discussionsMANILA, Philippines — The Philippines and Chile have launched the first round of talks for a free trade agreement (FTA). Trade Undersecretary Allan Gepty said in a Viber message that he is in Chile for the first round of talks for a Comprehensive Economic Partnership Agreement (CEPA).
U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,
The U.S. leader said that Washington would apply a 19 percent tariff on Philippine imports, while Manila has agreed to remove all of its tariffs on American goods.