The new rate of 19% is one percentage point lower than the initially threatened 20%, though still higher than April’s proposed 17%.
In a follow-up post on Truth Social, Trump claimed the Philippines would open its market to US goods with zero tariffs, though the 19% duty on Philippine exports remains.
Trump’s latest adjustment follows earlier threats of sweeping global tariffs.
She downplayed the economic impact, noting only 16% of Philippine exports go to the US, with electronics—exempt from tariffs—making up two-thirds of that share.
Trump highlighted the Philippines as a “most reliable ally,“ while Marcos stressed military modernization efforts in response to South China Sea disputes.
He dismissed concerns over Marcos’s relations with Beijing, stating, “We’re getting along with China very well.” - AFP
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