Trump announces trade deal with ‘tough’ Philippine president Marcos
WASHINGTON — President Trump announced Tuesday that he had sealed a new trade deal with the Philippines after meeting with the island nation’s “tough” president, Ferdinand “Bongbong” Marcos Jr., at the White House.
“It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff,” Trump, 79, wrote on Truth Social.
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“In addition, we will work together Militarily.”
The US has struck economic agreements with only a handful of countries so far — including with the UK and China — but the administration is hoping to announce dozens more before an Aug. 1 deadline.
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