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US to impose 20% tariff on PH goods
Manila Bulletin
|July 11, 2025
Gov't to send delegation to negotiate with Trump admin
The Marcos administration will send a delegation to the United States next week to negotiate a potential lowering of the 20-percent reciprocal tariff on Philippine exports set to be implemented by the Trump administration effective Aug. 1, 2025.
Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said this after US President Donald Trump raised the 17-percent tariff on Philippine exports to 20 percent, the second-lowest tariff rate in the region, next to Singapore's 10 percent.
"We are concerned that the US has decided to impose a 20-percent tariff on Philippine exports," Go said in a press briefing in Malacañan on Thursday, July 10. "More importantly than all of this, we remain committed to continuing negotiations with the United States in good faith to pursue a bilateral comprehensive economic agreement or, if possible, an FTA (free trade agreement)," he said.
Cette histoire est tirée de l'édition July 11, 2025 de Manila Bulletin.
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