Latest news with #Philippines-UnitedStatesAlliance
Reuters
18-07-2025
- Business
- Reuters
Philippines' Marcos to discuss trade and security during U.S. visit as tariffs loom
MANILA, July 18 (Reuters) - Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said on Friday. The visit, the first by an ASEAN head of state since Trump took office in January, will focus on economic cooperation, with Marcos expected to discuss concerns over proposed U.S. tariffs on Philippine exports. "The President's official visit also aims to address the U.S. tariff proposed to be levied on Philippine exports," Department of Foreign Affairs Assistant Secretary Raquel Solano told a media briefing. Trump raised reciprocal tariffs on Philippine exports to 20% this month from the 17% threatened in April. Talks between Philippine trade officials and their U.S. counterparts are ongoing in Washington to hopefully seal a reciprocal deal that is "mutually acceptable and mutually beneficial" for both countries, Solano said. During the visit, the two leaders will also discuss closer cooperation in defence and security matters, including issues in the South China Sea where Manila and Beijing have had a series of maritime confrontations. Relations between Manila and Beijing have soured under Marcos, who has pivoted closer to the United States, granting it expanded access to Philippine military bases as both countries aim to counter what they have described as China's assertiveness in the South China Sea and towards Taiwan. "The purpose of this visit is to further strengthen the Philippines-United States Alliance, to proactively engage the U.S. in all aspects of the relations and seize opportunities for greater security and economic cooperation," Solano said. The United States and the Philippines have a seven-decade old mutual defence treaty and hold dozens of annual exercises, which have included training with U.S. Typhon missile system, and more recently with the NMESIS anti-ship missile system, angering China. Marcos will also meet separately with Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, as well as U.S. business leaders who are investing in the Philippines.
The Star
18-07-2025
- Business
- The Star
Marcos to discuss trade and security during US visit as tariffs loom
MANILA: Philippine President Ferdinand Marcos Jr (pic) will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said on Friday (July 18). The visit, the first by an Asean head of state since Trump took office in January, will focus on economic cooperation, with Marcos expected to discuss concerns over proposed US tariffs on Philippine exports. "The President's official visit also aims to address the US tariff proposed to be levied on Philippine exports," Department of Foreign Affairs Assistant Secretary Raquel Solano told a media briefing. Trump raised reciprocal tariffs on Philippine exports to 20% this month from the 17% threatened in April. Talks between Philippine trade officials and their US counterparts are ongoing in Washington to hopefully seal a reciprocal deal that is "mutually acceptable and mutually beneficial" for both countries, Solano said. During the visit, the two leaders will also discuss closer cooperation in defence and security matters, including issues in the South China Sea where Manila and Beijing have had a series of maritime confrontations. Relations between Manila and Beijing have soured under Marcos, who has pivoted closer to the United States, granting it expanded access to Philippine military bases as both countries aim to counter what they have described as China's assertiveness in the South China Sea and towards Taiwan. "The purpose of this visit is to further strengthen the Philippines-United States Alliance, to proactively engage the US in all aspects of the relations and seize opportunities for greater security and economic cooperation," Solano said. The United States and the Philippines have a seven-decade old mutual defence treaty and hold dozens of annual exercises, which have included training with US Typhon missile system, and more recently with the NMESIS anti-ship missile system, angering China. Marcos will also meet separately with Secretary of State Marco Rubio and Defence Secretary Pete Hegseth, as well as US business leaders who are investing in the Philippines. - Reuters
Straits Times
18-07-2025
- Business
- Straits Times
Philippines' Marcos to discuss trade and security during U.S. visit as tariffs loom
FILE PHOTO: Philippines President Ferdinand Marcos Jr attends the closing ceremony of the 44th and 45th ASEAN Summits and Related Summits and Handing Over of the ASEAN Chairmanship to Malaysia, at the National Convention Centre, in Vientiane, Laos, October 11, 2024. REUTERS/Athit Perawongmetha/File photo MANILA - Philippine President Ferdinand Marcos Jr will visit the United States next week with a clear message to President Donald Trump that the Philippines must become economically stronger if it is to serve as a truly robust partner, an official said on Friday. The visit, the first by an ASEAN head of state since Trump took office in January, will focus on economic cooperation, with Marcos expected to discuss concerns over proposed U.S. tariffs on Philippine exports. "The President's official visit also aims to address the U.S. tariff proposed to be levied on Philippine exports," Department of Foreign Affairs Assistant Secretary Raquel Solano told a media briefing. Trump raised reciprocal tariffs on Philippine exports to 20% this month from the 17% threatened in April. Talks between Philippine trade officials and their U.S. counterparts are ongoing in Washington to hopefully seal a reciprocal deal that is "mutually acceptable and mutually beneficial" for both countries, Solano said. During the visit, the two leaders will also discuss closer cooperation in defence and security matters, including issues in the South China Sea where Manila and Beijing have had a series of maritime confrontations. Relations between Manila and Beijing have soured under Marcos, who has pivoted closer to the United States, granting it expanded access to Philippine military bases as both countries aim to counter what they have described as China's assertiveness in the South China Sea and towards Taiwan. Top stories Swipe. Select. Stay informed. Singapore 30% of aviation jobs could be redesigned due to AI, automation; $200m fund to support workers: CAAS Singapore Alleged Kpod peddler filmed trying to flee raid in Bishan charged with 6 offences Business Global fintech firms expanding in Singapore with larger offices, APAC hubs Singapore UOB awarded $17.7m in civil suit against Lippo Marina Collection over inflated housing loans Life Kinokuniya opens third bookstore in Raffles City, weeks ahead of schedule Business DBS shares rally to a new record as STI clocks yet another high Singapore 5 foreigners charged over scheme to deliberately get arrested in S'pore to sell sex drugs Life F1 Singapore Grand Prix: Music acts Lewis Capaldi, Clean Bandit, Spice Girls' Melanie C added "The purpose of this visit is to further strengthen the Philippines-United States Alliance, to proactively engage the U.S. in all aspects of the relations and seize opportunities for greater security and economic cooperation," Solano said. The United States and the Philippines have a seven-decade old mutual defence treaty and hold dozens of annual exercises, which have included training with U.S. Typhon missile system, and more recently with the NMESIS anti-ship missile system, angering China. Marcos will also meet separately with Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, as well as U.S. business leaders who are investing in the Philippines. REUTERS
