Trump Strikes Controversial Trade Deal with Philippines, Imposes 19% Tariff on Imports

U.S. President Donald Trump announced a new trade agreement with the Philippines after meeting with President Ferdinand Marcos Jr.

at the White House. The deal sets a 19% tariff on Philippine goods exported to the U.S., a slight reduction from the previously threatened 20% rate, while U.S. exports to the Philippines will reportedly face no tariffs. The agreement comes amid broader U.S. efforts to reshape trade relationships in Asia and counter China's influence in the region. While both leaders hailed the deal as significant, critics note the tariff reduction is minimal and may strain economic ties.

The talks also touched on military cooperation and regional security.