Philippine Ambassador to US on Trade Deal
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Philstar.com on MSNPhilippines to finesse US tariffAccording to economist and former lawmaker Joey Salceda, the recent announcement of US President Donald Trump that the US and the Philippines have agreed on a tariff deal that would give a zero tariff on US exports to the Philippines and a 19 percent tariff on Philippine exports to the US,
The trade deal agreed upon by the Philippines and the United States seems to be tilting in favor of the Philippine semiconductor and electronics industry as it would enjoy lower prices for imported equipment and some raw materials while the garments sector says it might be an uphill battle
U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,
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Philstar.com on MSNBusiness group pushes for Philippines-US free trade talksBusiness group Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is calling for accelerated negotiations on a free trade agreement (FTA) between the Philippines and the US amid the latter’s move to impose a higher tariff on the country’s exports.
PHILIPPINE Ambassador to the United States Jose Manuel Romualdez has clarified that the recently cited 19% tariff on Philippine exports to the United States is not yet final, emphasizing that trade negotiations are active and expected to conclude before August 1.
Malaysia is aiming for the lowest possible tariff on goods exported to the United States, its trade minister said on Thursday, denying reports that it is targeting a rate of 20%. Malaysia is facing a 25% tariff on its goods unless it can reach a deal with Washington by August 1.
WASHINGTON -- President Donald Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region.
The Philippine president could offer Trump military access and mineral rights in exchange for a lower US tariff, analysts say.
After President Trump unveiled trade deals Tuesday with Japan and the Philippines, and his administration fleshed out details of a [pact with Indonesia](