Trump announces deal with Philippines. 19% tariffs on imports. No tariffs on US goods ...Middle East

The Philippines would open up the market or United States with zero tariffsThe US would impose a 19% tariff on all Philippine imports

Trump announces that they will work together militarily as well.

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In comparison, Vietnam has a much larger trade deficit with the US:

U.S. Imports from Vietnam: $136.5 billion

Trade Deficit: –$123.5 billion

This article was written by Greg Michalowski at investinglive.com.

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