Trump: Philippines Will Pay 19% Tariff

BlockBeats News, July 23rd, U.S. President Trump stated on social media: "Philippine President Ferdinand Marcos and his many representatives just left the White House. It was a great visit, and we have reached a trade agreement. The Philippines will open its market to the U.S., with zero tariffs.

The Philippines will pay a 19% tariff. Additionally, we will work together on the military front. I am honored to be with this president. He is highly respected in his country, and he deserves that. He is also a very excellent, tough negotiator." (Golden Finance)