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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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Philippines ready for tariff talks with US this weekTHE PHILIPPINE government is hopeful that it can still negotiate for a lower US tariff rate ahead of the Aug. 1 deadline as ...
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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 ...
India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States ...
PERSISTENTLY high tariffs could dampen economic activity and dent demand for coconut products in the United States, one of ...
Taiwanese companies are looking to set up shop in the Philippines as the country faces a US tariff that is lower than most of its Southeast Asian neighbors, according to analysts.
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the ...
The Philippines and the US have boosted mutual defence engagements to step up deterrence against China’s increasing ...
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