Trump, Philippines and China
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Trump, tariffs and trade deal with China
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1don MSN
The U.S. now also has a trade framework for 19 percent duties on Philippine imports and 15 percent for Japanese goods entering the US market.
President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China,
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
An interim trade deal between the U.S. and China will keep high tariffs in place between the two countries, ... The White House has said the tariffs will go back on July 9.
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