Trump and Marcos Agree on Trade Deal During White House Meeting

On July 22, 2025, U.S. President Donald Trump hosted Philippine President Ferdinand Marcos Jr. at the White House to engage in discussions focusing on trade relations and collaboration between the two countries. Trump announced on his social media platform that they have finalized a trade agreement, indicating that the Philippines would transition to an open market with the U.S. while maintaining a tariff of 19 percent on their goods. He also mentioned in a letter that tariffs on Philippine products would increase to 20 percent starting August 1, though the White House has not provided extensive details about the trade deal.

During the meeting, Marcos emphasized the significance of the evolving relationship between the United States and the Philippines, referring to it as one of the most important relationships possible. The remarks highlight a commitment to strengthening ties amidst ongoing discussions on trade and economic partnership.