Philippines to pay 19% tariff, Trump says

July 22, 2025 1:39 PM EDT

U.S. President Donald Trump, flanked by Treasury Secretary Scott Bessent and Secretary of State Marco Rubio meets with Philippine President Ferdinand Marcos Jr., at the White House in Washington, D.C., U.S., July 22, 2025. REUTERS/Kent Nishimura

WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that the Philippines will pay a 19% tariff rate following the conclusion of a trade deal with the United States.

"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.

(Reporting by Jasper Ward)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Donald J. Trump