President Donald Trump has announced a new trade agreement with the Philippines following a meeting with President Ferdinand Marcos Jr. at the White House.
While Manila has secured a deal, many other countries are bracing for new U.S. tariffs set to take effect on 1 August.
Before the talks, Trump had threatened to impose a 20% tariff on Filipino exports. However, after what he called a “very close” and productive negotiation, he confirmed on Truth Social that a deal had been finalised. Under the agreement, the Philippines will remove tariffs on U.S. goods, while Filipino exports to the U.S. will face a 19% tariff.
But the breakthrough comes amid broader trade tensions. The U.S. has yet to reach agreements with dozens of countries. Trump is still threatening tariffs of 35% on Canada and 30% on both Mexico and the European Union if no deals are struck by the start of August.
The White House Press Secretary Karoline Leavitt said the administration is actively working on more deals and expects to announce additional agreements soon.
“The president and our trade team remain deeply engaged with countries around the world,” Leavitt said.
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Iran on 4 August approved the creation of a National Defence Council, following June’s brief air conflict with Israel, the country’s most serious military confrontation since the 1980s war with Iraq.
Hamas on 4 August said it is ready to coordinate with the Red Cross to deliver humanitarian aid to hostages held in Gaza, if Israel meets certain conditions, as outrage mounts over the deteriorating condition of captives and a rising death toll from hunger.
All five workers trapped underground in a collapse at Chile’s El Teniente copper mine have been found dead, regional prosecutors confirmed on 4 August, bringing the death toll to six.
At least 54 migrants have drowned and dozens remain missing after a boat carrying around 150 people sank in bad weather off southern Yemen on Sunday, according to health officials.
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According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
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Supporters of Brazil’s former president Jair Bolsonaro gathered in São Paulo on 3 August, calling for justice reform and denouncing legal cases against the far-right leader as politically motivated.
On 4 August, relatives of missing persons and human rights activists marched through Mexico City, demanding answers and justice amid the country’s ongoing crisis of enforced disappearances.
Iran on 4 August approved the creation of a National Defence Council, following June’s brief air conflict with Israel, the country’s most serious military confrontation since the 1980s war with Iraq.
Hamas on 4 August said it is ready to coordinate with the Red Cross to deliver humanitarian aid to hostages held in Gaza, if Israel meets certain conditions, as outrage mounts over the deteriorating condition of captives and a rising death toll from hunger.
All five workers trapped underground in a collapse at Chile’s El Teniente copper mine have been found dead, regional prosecutors confirmed on 4 August, bringing the death toll to six.
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