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.
The United States said it made significant progress on a framework aimed at ending the war in Ukraine during high-level talks in Geneva on Sunday, tho...
Cameras from the United States Geological Survey (USGS) on Saturday (November 22) captured Hawaii's Kilauea volcano spewing flowing lava from its crat...
U.S. President Donald Trump's Department of Government Efficiency has quietly faded out with eight months left on its mandate, as its powers are absor...
Canada and India have agreed to restart negotiations for a new trade deal, Indian officials confirmed on Sunday, after talks stalled following a diplo...
Vilnius airport briefly halted night-time operations after balloons drifted towards its airspace, forcing several flights to divert....
The United States said it made significant progress on a framework aimed at ending the war in Ukraine during high-level talks in Geneva on Sunday, though no final agreement was reached.
Cameras from the United States Geological Survey (USGS) on Saturday (November 22) captured Hawaii's Kilauea volcano spewing flowing lava from its crater in its latest eruption.
Canada and India have agreed to restart negotiations for a new trade deal, Indian officials confirmed on Sunday, after talks stalled following a diplomatic spat two years ago.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
The United States is preparing to launch a new round of Venezuela-related operations in the coming days, as President Donald Trump’s administration intensifies efforts to pressure President Nicolás Maduro’s government and targets what it calls Venezuela’s role in the regional drug trade.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
Air traffic at Eindhoven Airport in the southern Netherlands was suspended on Saturday evening after multiple drones were sighted near the facility, prompting the deployment of counter-drone systems and raising fresh alarm over airspace security in Europe.
Jamaica has declared an outbreak of leptospirosis, a bacterial disease suspected of causing six deaths following the catastrophic impact of Hurricane Melissa in late October.
Several international airlines have suspended flights from Venezuela after the U.S. Federal Aviation Administration (FAA) warned of heightened military activity and deteriorating security conditions in the country’s airspace.
The United States said it made significant progress on a framework aimed at ending the war in Ukraine during high-level talks in Geneva on Sunday, though no final agreement was reached.
U.S. President Donald Trump's Department of Government Efficiency has quietly faded out with eight months left on its mandate, as its powers are absorbed into the federal bureaucracy and critics question whether it ever produced real savings.
Canada and India have agreed to restart negotiations for a new trade deal, Indian officials confirmed on Sunday, after talks stalled following a diplomatic spat two years ago.
Vilnius airport briefly halted night-time operations after balloons drifted towards its airspace, forcing several flights to divert.
Britain, France and Germany have drafted a counter-proposal to Washington’s 28-point Ukraine peace plan, keeping the U.S. outline as a starting point but reshaping it with their own security and reconstruction terms, according to a text seen on Sunday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment