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MANILA, Philippines — Washington on Friday formally imposed a new 12.5-percent tariff on Philippine exports, joining dozens of other US trading partners that the Trump administration said had failed to adopt adequate prohibitions against the importation of goods made with forced labor.
This means Philippine goods entering the United States will again face higher import duties, following the expiration on the same day of the 10-percent blanket tariff that took effect after the US Supreme Court struck down President Donald Trump’s “reciprocal” tariffs.
READ: US unveils new tariffs on 60 partners as Trump rebuilds trade agenda
Announcing the decision, US Trade Representative (USTR) Jamieson Greer said Trump had approved the new duties on 60 of the United States’ largest trading partners, with tariffs ranging from 10 percent to 12.5 percent.
