WASHINGTON/MANILA -- U.S. President Donald Trump and Philippine counterpart Ferdinand Marcos Jr. reached a trade deal in Washington that reduces the threatened tariffs on Philippine goods by 1 percentage point to 19%, Trump said Tuesday, announcing the agreement on his social media platform.
Trump tariffs
Philippine goods face 19% tariff, US exports to be levy-free: Trump
Marcos Jr says automobiles a key sector of interest for US president
U.S. President Donald Trump welcomes Philippine President Ferdinand Marcos Jr. at the White House on July 22. © Reuters
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