Trump’s tariff: USA announce trade agreement with the Philippines

President of the United States, Donald Trump, at an event at the White House Reuters/Leah Millis, US President Donald Trump, announced on Tuesday (22) that signed a trade agreement with the Philippines. The US president had threatened to impose a 20% rate from August 1. With the new agreement, the fee will be reduced to 19%, while the US will not pay tariffs. 📱 Bake the G1 app to see real -time and free news. “In addition, we will work together in the military. It was a great honor to be with the president. He is highly respected in his country, as it should be. He is also a very good and rigorous negotiator,” Trump said in a social truth. This is the second agreement announced by Trump since he started sending letters to several leaders from US business partner countries. The first agreement was with Indonesia. The letters stipulate rates between 25% and 50% on products imported from each country, scheduled for August 1, if an agreement is not signed. To date, 25 notifications have been sent, Brazil being the country with the largest fare. The most recent were sent on Saturday (12) to Mexico and the European Union, both at a rate of 30. (See the list below) since the announcement of Trump tariff in April, Washington has signed agreements with the UK and Vietnam, and agreed with China to temporarily reduce “reciprocal” tariffs. These countries, therefore, were not notified. See below the full list of countries notified: Brazil: 50% laos: 40% Myanmar: 40% Cambodia: 36% Thailand: 36% Bangladesh: 35% Canada: 35% Serbian: 35% Indonesia: 32% South Africa: 30% Algeria: 30% Bosnia and Herzegovina: 30% Iraq: 30% Mexico: 30% SRI Lanka: 30% European Union: 30% Brunei: 25% Kazakhstan: 25% South Korea: 25% Japan: 25% Malaysia: 25% Moldova: 25% Tunisia: 25% Philippines: 20% tariff to Brazil is the largest in all Trump cards

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