It matches the 19% announced for Indonesia and bests Vietnam’s slightly higher rate of 20%. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. President Donald Trump said Tuesday that the Philippines will pay 19 percent tariffs, a percentage point lower than what was previously announced, noting that the Southeast Asian nation will open its market to the United States.

United States President Donald Trump said he has reached a trade deal with the Philippines, charging it 19 percent tariff rate for goods it exports to the US, while US goods will pay zero tariffs.

United States President Donald Trump announced on Tuesday that he reached an agreement with the Philippines whereby exports from the Philippines to the US will be subject to a tariff of 19%, one percentage point lower than the rate that would be applied from Aug.

US President Donald Trump on Tuesday said the US have reached trade deals with Japan and the Philippines. In a post on his Truth Social media

"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 said after Filipino President Ferdinand Marcos visited the White House.

President Donald Trump announced a trade deal July 22 with the Philippines, hours after the leader of the country paid a visit to the Oval Office ahead of an Aug. 1 reciprocal tariffs deadline. The Southeast Asian country would pay a 19% tariff, Trump said.