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Philippines to face 20% US tariff, Trump says in letter to Marcos
NEW YORK/WASHINGTON -- The U.S. will impose a 20% tariff on goods imported from the Philippines starting Aug. 1, President Donald Trump said in a letter revealed Wednesday, in his latest salvo against trade deficits with Southeast Asian nations.
BusinessWorld on MSN9h
Philippines ready for tariff talks with US this weekTHE PHILIPPINE government is hopeful that it can still negotiate for a lower US tariff rate ahead of the Aug. 1 deadline as ...
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The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White ...
The Philippines is concerned about the United States' decision to impose 20% tariffs on Philippine exports but will continue ...
The notices bring the total number of countries Trump has hiked tariffs on this week to 21. The higher rates are slated to ...
President Trump posted letters to his Truth Social platform Wednesday outlining tariff levels for seven countries. Trump said ...
Philstar.com on MSN9h
MGB sees ‘minimal effect’ of copper tariff on PhilippinesThe imposition of a 50 percent tariff on copper by the US may force local producers to find alternative markets to offset potential losses and adjust to anticipated global price volatility, the Mines ...
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the ...
The Philippines is concerned over a 20% tariff rate announced this week by Trump, which was increased from 17% threatened in April, without explanation.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
The global tariffs announced by US President Donald Trump in April triggered “strong” investor interest in the Philippines, ...
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