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Marcos Jr. optimistic he can get tariff deal with US done
President Ferdinand Marcos Jr. met with US President Donald Trump in Washington D.C. for discussions on tariffs and defense.
This was their first official meeting during Trump's current term, with Marcos Jr. being the first ASEAN leader invited to the White House.
The meeting occurred following the US announcement of a 20 percent tariff on the Philippines, a 3-percentage point increase from the previously announced 17 percent.
Despite the increase, the Philippines' tariff rate remains the second lowest in Southeast Asia, with Singapore at 10 percent.
Marcos Jr. expressed optimism about reaching a tariff agreement with the US.
Beyond tariff rates, the Philippines aims to secure exemptions for several commodities from duties.
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