Trump, Philippine and Tariff
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President Donald Trump extended his "Liberation Day" tariff pause and sent letters to trading partners announcing new tariff rates for Aug. 1.
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Cebu Daily News on MSNMarcos, Trump set for first bilateral talks in Washington ‘in a few days’President Marcos and US President Donald Trump will have their first bilateral meeting in Washington “in a few days,” US Secretary of State Marco Rubio said on Thursday. Rubio made the disclosure at the foreign ministers’ summit of the Association of Southeast Asian Nations (Asean) in Kuala Lumpur that was also attended by his counterparts,
President Trump posted letters to his Truth Social platform Wednesday outlining tariff levels for seven countries. Trump said he would levy 30% tariffs on Libya, Iraq, and Algeria, effective Aug. 1. Moldova and Brunei will get 25% tariffs,
The move by US President Donald Trump to impose a higher-than-expected tariff on the Philippines signals his unwavering determination to pressure Washington's trade partners to do their part in reducing the US deficit in tandem with its intensifying rivalry with China,
The notices bring the total number of countries Trump has hiked tariffs on this week to 21. The higher rates are slated to take effect on August 1.
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Inquirer Business on MSNPhilippines airs concern as Trump hikes tariff to 20%The Philippine government is viewing with concern the higher-than-expected 20-percent reciprocal tariff to be imposed by the United States starting next month, as announced by the Trump administration on Thursday.
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GMA Network on MSNPhilippines 'concerned' on Trump's 20% tariff despite negotiationsThe Philippine government was taken aback by US President Donald Trump’s decision to slap a higher 20% tariff rate on the country’s goods exported to America despite earlier efforts to haggle for lower duties for products imported from Manila.
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Philstar.com on MSNPhilippines concerned over Trump's 20% tariff but says talks still ongoingAfter U.S. President Donald Trump slapped a 20% tariff on Philippine goods, President Ferdinand Marcos Jr.’s’ special assistant for economic affairs Frederick Go said that while the Philippines is concerned,
US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for seven more countries, including the Philippines, as Washington pushes to bring about a flurry of trade deals.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.