Trump: Marcos a strong negotiator; US, PH may agree on tariff rate
"We're going to talk about trade today and we are very close to finishing a trade deal, a big trade deal actually," Trump told reporters at the start of his meeting with the Philippine leader.
Marcos is the first Southeast Asian leader to meet Trump in his second term. Trump has already struck trade deals with two of Manila's regional partners, Vietnam and Indonesia, but had been driving tough bargains in talks even with close allies Washington needs to keep onside in its strategic rivalry with China.
Asked about the discussions on the reciprocal tariffs on imports from the Philippines, which Trump raised to 20 percent from 17 percent, the US leader said, 'So far we're not there because he's negotiating too tough," adding Marcos is a "strong negotiator."
'We'll probably agree to something,' Trump added.
The United States had a deficit of nearly $5 billion with the Philippines last year on bilateral goods trade of $23.5 billion. Trump this month raised the threatened "reciprocal" tariffs on Philippine imports to 20% from 17% threatened in April.
Trump said the two countries did "a lot of business" with each other, saying he was surprised to see what he called "very big numbers" that would only grow under a trade agreement.
Gregory Poling, a Southeast Asia expert at Washington's Center for Strategic and International Studies, said Marcos might be able to do better than Vietnam, with its agreement of a 20% baseline tariff on its goods, and Indonesia at 19%.
Trump underscored the importance of the U.S.-Philippine military relationship.
"They're a very important nation militarily, and we've had some great drills lately," he said.
Marcos, who arrived in Washington on Sunday, went to the Pentagon on Monday for talks with Defense Secretary Pete Hegseth and later met with Secretary of State Marco Rubio. During his trip, he will also meet U.S. business leaders investing in the Philippines.
Philippine officials say Marcos will stress that Manila must become economically stronger if it is to serve as a truly robust U.S. partner in the Indo-Pacific.
Philippine Assistant Foreign Secretary Raquel Solano said last week trade officials have been working with U.S. counterparts seeking to seal a "mutually acceptable and mutually beneficial" deal.—Reuters/GMA Integrated News
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GMA Network
2 hours ago
- GMA Network
US lifts some Myanmar sanctions after general asked Trump for relief
WASHINGTON - The United States lifted sanctions designations on several allies of Myanmar's ruling generals on Thursday, two weeks after the head of the ruling junta praised President Donald Trump and called for an easing of sanctions in a letter responding to a tariff warning. Human Rights Watch called the move "extremely worrying" and said it suggested a major shift was underway in US policy towards Myanmar's military, which overthrew a democratically elected government in 2021 and has been implicated in crimes against humanity and genocide. The US Treasury Department did not give a reason for the move, but Deputy Secretary Michael Faulkender said in a statement: "Anyone suggesting these sanctions were lifted for an ulterior motive is uninformed and peddling a conspiracy theory driven by hatred for President Trump." "Individuals, including in this case, are regularly added and removed from the Specially Designated Nationals and Blocked Persons List (SDN List) in the ordinary course of business," he said in a statement. A notice from the US Treasury Department said KT Services & Logistics and its founder, Jonathan Myo Kyaw Thaung; the MCM Group and its owner Aung Hlaing Oo; and Suntac Technologies and its owner Sit Taing Aung; and another individual, Tin Latt Min, were being removed from the US sanctions list. KT Services & Logistics and Jonathan Myo Kyaw Thaung were added to the sanctions list in January 2022 under the Biden administration in a step timed to mark the first anniversary of the military seizure of power in Myanmar that plunged the country into chaos. Sit Taing Aung and Aung Hlaing Oo were placed on the sanctions list the same year for operating in Myanmar's defence sector. Tin Latt Min, identified as another close associate of the military rulers, was placed on the list in 2024 to mark the third anniversary of the coup. The White House did not respond to a request for comment. On July 11, Myanmar's ruling military general, Min Aung Hlaing, asked Trump in a letter for a reduction in the 40% tariff rate on his country's exports to the US and said he was ready to send a negotiating team to Washington if needed. "The senior general acknowledged the president's strong leadership in guiding his country towards national prosperity with the spirit of a true patriot," state media said at the time. In his response to a letter from Trump notifying Myanmar of the tariff to take effect on August 1, Min Aung Hlaing proposed a reduced rate of 10% to 20%, with Myanmar slashing its levy on US imports to a range of zero to 10%. Min Aung Hlaing also asked Trump "to reconsider easing and lifting the economic sanctions imposed on Myanmar, as they hinder the shared interests and prosperity of both countries and their peoples." Myanmar is one of the world's main sources of sought-after rare earth minerals used in high-tech defense and consumer applications. Securing supplies of the minerals is a major focus for the Trump administration in its strategic competition with China, which is responsible for 90% of rare earth processing capacity. Most of Myanmar's rare earth mines are in areas controlled by the Kachin Independence Army (KIA), an ethnic group fighting the junta, and are processed in China. Representative Ami Bera, the top Democrat on the House Foreign Affairs Asia subcommittee in a statement to Reuters called the decision to lift sanctions against the individuals "a bad idea" that "goes against our values of freedom and democracy.' John Sifton, Asia advocacy director of Human Rights Watch, called the U.S. move "shocking" and its motivation unclear. "The action suggests a major shift is underway in US policy, which had centered on punitive action against Myanmar's military regime, which only four years ago carried out a coup d'etat against a democratically elected government and is implicated in crimes against humanity and genocide," he said in an emailed statement. —Reuters

GMA Network
6 hours ago
- GMA Network
Concessions in trade deal with US won't result in 'significant damage to local industries'
President Ferdinand "Bongbong" Marcos Jr. meets with US President Donald Trump in the Oval Office at the White House in Washington, D.C., July 22, 2025. REUTERS/ Kent Nishimura The Philippine Chamber of Agriculture and Food Inc. (PCAFI), an umbrella organization of 48 various agriculture industry groups, on Friday welcomed the government's move not to give zero duties for American agri-fisheries entering the country following the recent tariff negotiations between President Ferdinand "Bongbong" Marcos Jr. and United States President Donald Trump. 'We commend the government's trade negotiators for protecting critical local agriculture industries in the negotiations,' PCAFI said in a statement. 'Secretary [Frederick] Go clearly stated that vital agricultural industries like sugar, corn, rice, chicken, pork, and seafood were not part of the concessions, thus keeping their current protection in the form of tariffs and other measures,' the agribusiness group said. Go, Marcos' special assistant for investment and economic affairs, announced that the Philippines did not include key agricultural commodities in the concessions it gave out when it negotiated to lower the reciprocal tariff for the country's exports to the US. Early morning on Wednesday (Philippine time), Trump announced a new 19% tariff rate for Philippine goods entering America. This is lower than the 20% announced in a letter earlier this month but higher than the 17% rate announced last April on what the US president referred to as Liberation Day. Trump initially said the Philippines was going "open market" with the US with zero tariffs, while the Philippines would pay a 19% tariff. Marcos, however, has since clarified that the zero tariffs on US products would only apply to certain markets, such as automobiles. The President also committed to increasing imports of soy, wheat, and pharmaceuticals from the US. 'The two clear concessions that the Philippines made—wheat and soy products—will not result in significant damage to local industries but may even yield positive results in the form of cheaper animal feed products,' PCAFI said. 'It is also worthy to note that these two products are not produced locally and are already among the top agricultural imports of the country from the United States,' it added. The agribusiness group said it hopes the government will continue to protect the interests of local farmers and fisherfolk 'who remain as the lifeblood of our country's food security.' 'We will remain vigilant in the ongoing bilateral negotiations since the final trade deal has yet to be finalized,' it said. On the reduction of the tariff rate the US will charge on goods from the Philippines from 20% to 19%, PCAFI said it is still a 'positive development' but expressed 'hope that the US tariffs can be reduced further for the benefit of our agricultural exporters.' 'The silver lining of the recent developments is the fact that the Philippines has the second-lowest tariff rate among Southeast Asian countries, giving us a tariff advantage against neighboring countries that produce and export almost the same agricultural products as ours,' the group said. 'They were able to lower the tariff rate at minimal costs to the country compared to other countries like Vietnam and Indonesia that had to sacrifice a lot, as what Special Assistant to the President for Investment and Economic Affairs Frederick Go mentioned,' it added. —VBL, GMA Integrated News


GMA Network
15 hours ago
- GMA Network
P20/kilo rice, farm to market roads remain work in progress
In his 2024 State of the Nation Address, President Ferdinand Marcos Jr. highlighted the hardships confronting the Filipinos due to the rising prices of food. "The hard lesson of this last year has made it very clear that whatever current data proudly bannering our country as among the best-performing in Asia, means nothing to a Filipino, who is confronted by the price of rice at 45 to 65 pesos per kilo," Marcos had said in his report to the nation last year. Back then, the price of rice per kilo was far from the P20 per kilo he had promised the Filipinos when he campaigned for the presidency in 2022. But the efforts of Marcos, who sat as Agriculture secretary from July 2022 to November 2023, could not be ignored to achieve his P20 per kilo rice goal. The government, through the Department of Agriculture (DA), has been consistently opening Kadiwa stores that sell rice at P20 per kilo. Marcos also vowed to prioritize enhancing local production to address the high food cost and build the necessary infrastructure to prop up agricultural productivity and assist farmers. He had said in his SONA that a total of 1,200 kilometers of farm-to-market roads all over the country will be completed. Further, Marcos said over 9,300 farm equipment would be distributed and more than 80,000 hectares of land would be irrigated. The projects remain in the works. In his visit to Balingasag, Misamis Oriental in April 2025, Marcos reported that in Region X (Northern Mindanao), the government was able to construct almost 70 kilometers of farm-to-market roads. "Sa buong bansa, umabot na sa 1,162 kilometro ang naitayo nating mga daan, at higit 865 linyang-metro naman ng tulay," he said. Since his presidency, Marcos said 36,000 pieces of machinery and agricultural equipment had been distributed to farmers' cooperatives and associations for post-harvest. While under the Rice Competitiveness Enhancement Fund, 12,000 pieces of machinery and equipment had been provided from July 2022 up to March 2025. A month before Marcos' fourth State of the Nation Address, the Economy and Development (ED) Council, formerly known as the NEDA (National Economic and Development Authority) Board, approved the P27.7-billion Farm-to-Market Bridges Development Program of the Department of Agriculture. Under the program, the DA said it aims for the construction of 300 climate-resilient modular steel bridges across 52 provinces in 15 regions. 'By improving physical connectivity in farming and fishing communities, the Farm-to-Market Bridges Development Program addresses persistent infrastructure gaps that limit market access, increase post-harvest losses, and hinder rural productivity," said ED Council vice chairperson and Economics Secretary Arsenio Balisacan. "It also aims to uplift rural incomes and improve food logistics, particularly in geographically isolated and disadvantaged areas,' Balisacan added. The Agriculture Department also reported that it had completed over 450 agri-infrastructure projects, including farm-to-market roads, fish ports, and food storage facilities. Further, agriculture insurance now protects more than 1.3 million farmers, livestock raisers, and fishers. 'Through the Masagana Rice Industry Development Program, aligned yields have improved from 3.3 to 4.2 metric pounds per hectare, with the first quarter yields again at 4.09 metric pounds. We are also expanding value-chain innovation,' said DA Secretary Francisco Tiu Laurel in a speech, as delivered by Agriculture Director Karen Roscom in a summit in Manila. Benefits A number of farmers expressed relief with the administration's efforts, saying that farm-to-market roads are a long-awaited solution. 'Mahalaga para sana may madaanan kami at mayroon kaming mapagbiladan ng palay namin,' said Robert Lopez, a rice farmer in Mangaldan, Pangasinan, in a report by GMA Regional TV. (It is vital so that we can have paved roads for our goods and an area for drying palay.) Approved by the DA, the local government in Mangaldan and the barangay, a farm-to-market road is set to connect Barangays Guilig, Malabago, and Bari. Initial groundwork, such as soil filling, has already begun. Guilig Councilman Louie Prestoza said the project, which is estimated to reach P3 million, will make it more convenient for farmers to transport their goods and will serve as an alternate route for public and private vehicles in the area. 'Hindi lang kami dito ang mabebenepisyuhan. Marami, kahit na taga-ibang lugar,' Prestoza said. (It is not just us here who will benefit. Many more residents, even from other places.) P20 per kilo of rice Marcos' campaign promise of P20 per kilo of rice has been initially implemented in the Visayas region, and is set to be rolled out across the country in the coming months. The second phase of the program commenced this July in the Mindanao region. Marcos said it took time for him to fulfill his promise because the government needs to assist the local farmers first, including the provision of machinery. The P20 per kilo rice initiative under the Kadiwa ng Pangulo program only allows members of vulnerable sectors—including indigents, senior citizens, persons with disabilities, and solo parents to buy NFA rice at P20 per kilogram. Moreover, it can also be availed by minimum wage earners. Marcos expressed confidence that his administration could sustain its implementation. Increasing prices of goods With the price of some goods increasing, Marcos said the government is also monitoring "price gouging" in the consumer market. "Iyon lamang binabantayan natin ngayon 'yung price gouging. Dahil ang dami ko nang nakita nagtataas ng presyo, hindi naman tumaas ang presyo ng langis. So, iyon ang babantayan natin ngayon. That's what we are going to watch," he said. (We're monitoring the price gouging. Because I've seen a lot of price hikes even though fuel prices have not increased. So that's what we will monitor right now. That's what we are going to watch.) Farmers However, the progressive group Kilusang Magbubukid ng Pilipinas (KMP) said that farmers and fisherfolk remain waiting for the fulfilment of the President's SONA promises. KMP chairperson Danilo Ramos lamented that majority of the Filipino farmers do not own the land they till, and continue to lose it due to land conversion. He also said the people in other areas of the country await the affordable rice promised by Marcos. Ramos said they also continue to long for the day when the country would be rice self-sufficient and would no longer need to buy imported rice.—LDF/RSJ, GMA Integrated News