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US Imposes 19% Tariff on Philippine Imports Amid Trade Deal Talks

US Imposes 19% Tariff on Philippine Imports Amid Trade Deal Talks

BUSINESS - 7/23/2025

In a surprising move, President Trump announces a 19% tax on imports from the Philippines, following a meeting with its president. This tariff is part of a larger trade agreement that could reshape economic ties and military cooperation between the two nations.

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