{"id":39545,"date":"2025-07-22T18:38:28","date_gmt":"2025-07-22T18:38:28","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-says-u-s-philippines-have-trade-deal-after-beautiful-visit-with-philippine-president\/"},"modified":"2025-07-22T18:38:28","modified_gmt":"2025-07-22T18:38:28","slug":"trump-says-u-s-philippines-have-trade-deal-after-beautiful-visit-with-philippine-president","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-says-u-s-philippines-have-trade-deal-after-beautiful-visit-with-philippine-president\/","title":{"rendered":"Trump says U.S., Philippines have trade deal after &#8220;beautiful visit&#8221; with Philippine president"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"white-house-expects-more-trade-deals-as-aug-1-deadline-approaches--hero\" title=\"Video: White House expects more trade deals as Aug. 1 deadline approaches\" data-sort-time=\"1753114248000\" data-update-time=\"1753114248000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/white-house-expects-more-trade-deals-as-aug-1-deadline-approaches\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">White House expects more trade deals as Aug. 1 deadline approaches<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">03:45<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>The U.S. and the Philippines have reached a trade deal, President Trump said Tuesday after his Oval Office meeting with Philippine President Ferdinand &#8220;Bongbong&#8221; Marcos, Jr.<\/p>\n<p>Mr. Trump announced the outlines of a deal on <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114898069194751986\" target=\"_blank\" rel=\"nofollow noopener\">Truth Social<\/a>, saying the new tariff rate on products imported from the Philippines would be 19%. The president also said the Philippines would lift all tariffs on U.S. goods. The Philippines has not yet confirmed the the agreement or any details.\u00a0<\/p>\n<p>&#8220;It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs,&#8221; Mr. Trump wrote. &#8220;The Philippines will pay a 19% Tariff. In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator. We extend our warmest regards to the wonderful people of The Philippines!&#8221;<\/p>\n<p>The 19% tariff rate is just shy of the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-japan-korea-tariffs-august-1\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">20% tariff rate<\/a><\/span> the Trump administration was set to impose on the Philippines. And it&#8217;s also\u00a0higher than the so-called <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-reciprocal-tariffs-liberation-day-list\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">reciprocal tariff<\/a><\/span> of 17% on Philippine imports the administration announced in April.<\/p>\n<p>In his Oval Office meeting with Marcos on Tuesday, Mr. Trump said the U.S. and the Philippines were &#8220;very close&#8221; to reaching a deal, calling Marcos a tough negotiator.\u00a0<\/p>\n<p>&#8220;We&#8217;re very close to finishing a trade deal, big trade deal, actually, Mr. Trump said Tuesday, seated alongside Marcos. &#8220;And we do a lot of business with you, so a lot of \u2014 a lot of income coming in for both groups.&#8221;<\/p>\n<p>August 1 is the Trump administration&#8217;s current deadline for countries to reach trade agreements with the U.S. or face higher tariff rates on goods sent to the U.S.\u00a0<\/p>\n<p>    <!-- 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