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Philippines to face 20% US tariff, Trump says in letter to Marcos
NEW YORK/WASHINGTON -- The U.S. will impose a 20% tariff on goods imported from the Philippines starting Aug. 1, President Donald Trump said in a letter revealed Wednesday, in his latest salvo against trade deficits with Southeast Asian nations.
Trump Hits More Nations With Tariff Letters Including Libya, Iraq and the Philippines
President Trump posted letters to his Truth Social platform Wednesday outlining tariff levels for seven countries. Trump said he would levy 30% tariffs on Libya, Iraq, and Algeria, effective Aug. 1. Moldova and Brunei will get 25% tariffs,
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The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White ...
The Philippines is concerned about the United States' decision to impose 20% tariffs on Philippine exports but will continue ...
Philstar.com on MSN2d
Trump sets 20% US tariffs on Philippine goods, says relations not 'reciprocal' in letter to MarcosIn a letter to President Ferdinand Marcos Jr. shared on Trump's Truth Social account, the US president said the Philippines ...
THE PHILIPPINE government is hopeful that it can still negotiate for a lower US tariff rate ahead of the Aug. 1 deadline as President Ferdinand R. Marcos, Jr. heads to the US next week.
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the ...
President Donald Trump extended his "Liberation Day" tariff pause and sent letters to trading partners announcing new tariff ...
India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States ...
The global tariffs announced by US President Donald Trump in April triggered “strong” investor interest in the Philippines, ...
Inquirer Business on MSN3d
Unlike most peers, Philippines seen to benefit from US tariff concessionsCountries like the Philippines and Singapore could benefit from tariff concessions if negotiations with the Trump ...
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