The Philippines plans to negotiate with the United States to reduce newly imposed 20% tariffs on its exports, following a directive by President Donald Trump.
The Philippines intends to enter talks with the United States to reduce recently announced tariffs, after Washington raised duties on imports from Manila to 20%, the country’s ambassador to the U.S. said on Thursday.
“We still plan to negotiate those down,” Ambassador Jose Manuel Romualdez said in a phone message.
U.S. President Donald Trump on Wednesday issued new tariff directives for several trading partners, including the Philippines, raising duties to 20%, an increase from the previously announced 17%.
When asked what tariff rate the Philippines would aim for in negotiations, Romualdez replied: “Will see.”
According to data from the U.S. Trade Representative's Office, total trade in goods between the U.S. and the Philippines reached approximately $23.5 billion in 2024. U.S. exports to the Philippines rose slightly to $9.3 billion, up 0.4% from 2023, while imports from the Philippines increased 6.9% to $14.2 billion.
This led to a U.S. trade deficit with the Philippines of $4.9 billion in 2024—a 21.8% rise compared to the previous year.
The office of the Philippine president has not yet issued a response.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran t...
British lawmakers on Tuesday voted against launching an inquiry into whether Prime Minister Keir Starmer misled Parliament over his decision to app...
Five million children across Sudan’s Darfur region are facing extreme deprivation, the United Nations childr...
Tensions along the Israel-Lebanon border are intensifying as Israeli strikes push deeper into the Bekaa Valley, fuelling fears of wider escalation ...
Former close aide to Keir Starmer admitted on Tuesday he was “wrong” to back the appointment of Peter Mandelson as ambassador to the U....
Former close aide to Keir Starmer admitted on Tuesday he was “wrong” to back the appointment of Peter Mandelson as ambassador to the U.S., amid mounting political pressure.
A pivotal trial that could shape the governance of artificial intelligence begins Tuesday in California, as Elon Musk and Sam Altman face off over OpenAI’s shift to a for-profit model.
Russia has significantly expanded its blacklist of European Union officials and figures banned from entering the country, in retaliation for Brussels’ newly approved 20th sanctions package against Moscow.
A 21-year-old man accused of planning a terrorist attack on a Taylor Swift concert in Vienna in 2024 has pleaded guilty in part, as his trial opened on Tuesday (28 April) in Austria.
Disney+ has debuted Disney Animation’s Songs in Sign Language, a new collection of animated musical sequences reimagined in American Sign Language (ASL), released on 27 April to mark National Deaf History Month.
Market reaction to DeepSeek’s preview of its next-generation artificial intelligence model has been relatively subdued, in sharp contrast to the global shock triggered by its breakthrough releases last year.
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war. Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran's ports. Meanwhile Iranian Foreign Minister Abbas Araghchi arrives in St Petersburg for talks.
Adidas shares rose after Kenya’s Sebastian Sawe delivered a historic performance at the London Marathon on Sunday (26 April), becoming the first athlete to run an official marathon in under two hours.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
British lawmakers on Tuesday voted against launching an inquiry into whether Prime Minister Keir Starmer misled Parliament over his decision to appoint Peter Mandelson as ambassador to the U.S.
Five million children across Sudan’s Darfur region are facing extreme deprivation, the United Nations children’s agency said on Tuesday, issuing an emergency warning as the civil war in the country enters its fourth year.
Former close aide to Keir Starmer admitted on Tuesday he was “wrong” to back the appointment of Peter Mandelson as ambassador to the U.S., amid mounting political pressure.
Russia has significantly expanded its blacklist of European Union officials and figures banned from entering the country, in retaliation for Brussels’ newly approved 20th sanctions package against Moscow.
China is moving to make it easier and cheaper for people to have children, with lawmakers reviewing plans to expand maternity insurance coverage nationwide.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment