Critics warn the new rate, a modest shift from the previous 20 per cent, undermines fair trade and puts Philippine industries at a competitive disadvantage

President Trump reveals trade deal with the Philippines after Oval Office meeting with President Ferdinand Marcos Jr., including zero tariffs for the U.S.

The trade deal agreed upon by the Philippines and the United States seems to be tilting in favor of the Philippine semiconductor and electronics industry as it would enjoy lower prices for imported equipment and some raw materials while the garments sector says it might be an uphill battle

US President Donald Trump has confirmed that most countries trading with the US will soon face new tariffs starting at 15%, rising to as high as 50%. While smaller nations may see a baseline rate of 10%,

President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals to five. However, several major trading partners still haven’t reached trade agreements with the U.S. ahead of the Aug. 1 deadlines.

Oil held steady as equities hit session highs on potential progress in trade talks between the US and the European Union, offsetting nascent signs of a softening physical market. Most Read from BloombergTrump Awards $1.

Taiwan’s top trade negotiators touched down in Washington, DC, this week for their fourth round of talks with the Trump administration.

President Ferdinand R. Marcos Jr. arrived in Washington, D.C. early Monday (Manila time) for a three-day official visit aimed at deepening the Philippines’ strategic partnership with the United States,