Trump says Philippines trade deal 'concluded' with 19% tariff

Trump, Marcos Jr reach trade pact, US tariff on goods from the Philippines lowered to 19%

Last updated: July 23, 2025 | 05:12

1 MIN READ

US President Donald Trump hosts Philippine President Ferdinand Marcos Jr. and members of his delegation in the Oval Office at the White House on July 22, 2025 in Washington, DC. Trump and Marcos discussed trade tariffs, increasing security cooperation in the face of China’s growing maritime power in the West Philippine Sea and other topics.

AFP

The United States has reached a trade pact with the Philippines, President Donald Trump said Tuesday, adding that the deal will see the US tariff on goods from the Southeast Asian country lowered to 19 percent.

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"We concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States," Trump said on his Truth Social platform after welcoming counterpart Ferdinand Marcos to the White House.

The Philippines originally faced a 20% duty.

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