The Philippines faces a 19% export tariff under a new U.S. trade deal granting tariff-free access to American goods.

The Philippines has agreed to a trade deal with the United States that will lower U.S. tariffs on its exports to 19 percent, President Trump announced Tuesday following a meeting with the Philippine president,

President Donald Trump announced a trade deal with the Philippines, hours after the leader of the country paid a visit to the Oval Office.