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Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed

Summary by CNBC
President Donald Trump said the U.S. has "concluded" a trade deal with the Philippines that includes a 19% tariff on goods from the southeast Asian country.

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Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed

President Donald Trump said the U.S. has "concluded" a trade deal with the Philippines that includes a 19% tariff on goods from the southeast Asian country.

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CNBC broke the news in on Tuesday, July 22, 2025.
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