US, Philippines reach trade deal
The United States and the Philippines have agreed a trade deal that will see goods from the Southeast Asian country face a 19 per cent tariff. US President Donald Trump announced the news following a visit from Philippines President Ferdinand Marcos Jr. While in the US capital, Marcos reaffirmed the decades-old US-Philippines defence treaty, with the US Defense Secretary promising bolstered maritime security to counter Beijing’s assertiveness in the contested South China Sea. Nick Harper reports from Washington.
The United States and the Philippines have agreed a trade deal that will see goods from the Southeast Asian country face a 19 per cent tariff. US President Donald Trump announced the news following a visit from Philippines President Ferdinand Marcos Jr. While in the US capital, Marcos reaffirmed the decades-old US-Philippines defence treaty, with the US Defense Secretary promising bolstered maritime security to counter Beijing’s assertiveness in the contested South China Sea. Nick Harper reports from Washington.