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Trump Announces Trade Deal With Philippines With 19% Tariffs

The two countries also reportedly agreed to strengthen military cooperation.

<div class="paragraphs"><p>US President Trump has signed a trade deal with the Phillippines. (Image: NDTV Profit)</p></div>
US President Trump has signed a trade deal with the Phillippines. (Image: NDTV Profit)

US President Donald Trump on Tuesday said the Philippines would become an "open market" for American goods with zero tariffs, while paying a 19% tariff itself, marking what he described as a successful trade deal between the two nations.

In a post following Philippine President Ferdinand Marcos Jr's visit to the White House, Trump called it a "beautiful visit" and praised Marcos as a "very good, and tough, negotiator". The two also reportedly agreed to strengthen military cooperation.

"We extend our warmest regards to the wonderful people of The Philippines!" Trump wrote.

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