NEW YORK — The U.S. will impose a 20% tariff on goods imported from the Philippines starting Aug. 1, President Donald Trump said in a letter revealed Wednesday, in his latest salvo against trade deficits with Southeast Asian nations.
“Goods transhipped to evade a higher Tariff will be subject to that higher Tariff,” Trump wrote in the letter to Philippine President Ferdinand Marcos, Jr., posted on his Truth Social account.
