President Donald Trump has unveiled a landmark zero-tariff trade agreement with the Philippines, eliminating longstanding import duties as part of a strategic initiative to deepen bilateral economic relations and military coordination.
The agreement specifically abolishes the 19% tariff imposed on goods imported from the Philippines, removing a significant trade barrier between the two nations. This economic initiative forms the cornerstone of a renewed commitment to strengthen commercial partnerships and stimulate mutual growth through expanded trade access.
Concurrently, the deal includes provisions for enhanced military cooperation between U.S. and Philippine forces. Both governments emphasized this dual-track approach as vital to reinforcing regional security frameworks while simultaneously creating favorable conditions for investment and economic expansion across the Pacific alliance.