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Philippines to face 20% US tariff, Trump says in letter to Marcos
NEW YORK/WASHINGTON -- The U.S. will impose a 20% tariff on goods imported from the Philippines starting Aug. 1, President Donald Trump said in a letter revealed Wednesday, in his latest salvo against trade deficits with Southeast Asian nations.
Trump Hits More Nations With Tariff Letters Including Libya, Iraq and the Philippines
President Trump posted letters to his Truth Social platform Wednesday outlining tariff levels for seven countries. Trump said he would levy 30% tariffs on Libya, Iraq, and Algeria, effective Aug. 1. Moldova and Brunei will get 25% tariffs,
The imposition of a 50 percent tariff on copper by the US may force local producers to find alternative markets to offset potential losses and adjust to anticipated global price volatility, the Mines ...
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The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White ...
The Philippines is concerned about the United States' decision to impose 20% tariffs on Philippine exports but will continue ...
Stock investors are pinning their hopes on US President Donald Trump pulling out another reverse card, this time for his tariff policies on the Philippines, to push the local market back on the win ...
India could pose stiff competition to Sri Lanka and the Philippines for nearly a fifth of their exports to the United States ...
The Philippine economy is likely to be resilient to higher US levies but faces the risk of lower foreign investments amid the ...
WASHINGTON ― President Donald Trump revealed new tariff rates on 14 countries — and extended until August 1 a pause on higher rates that was due to expire July 9. In separate July 7 letters to ...
Inquirer Business on MSN3d
Unlike most peers, Philippines seen to benefit from US tariff concessionsCountries like the Philippines and Singapore could benefit from tariff concessions if negotiations with the Trump ...
The global tariffs announced by US President Donald Trump in April triggered “strong” investor interest in the Philippines, ...
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