US Lifts Tariffs on Philippine Agricultural Exports Worth $1 Billion

5Mind. The Meme Platform

Nearly half of the Philippines’ $14.5 billion in exports to the United States will be free from the reciprocal tariffs, Manila officials said.

More than $1 billion worth of agricultural products from the Philippines will be exempted from reciprocal U.S. tariffs after President Donald Trump removed duties on numerous goods to bring down cost of living, officials in Manila, the capital of the Philippines, said on Nov. 18.

Bananas, coconuts, mangoes, dried guavas, coffee, tea, spices, and certain fertilizers are among the products that will no longer be subject to the 19 percent levy when they enter the United States, the Philippine government announced.

Speaking at a Nov. 18 press briefing, Philippine Trade Undersecretary Ceferino Rodolfo said these agricultural products generated more than $1 billion in export value in 2024. This comes on top of previously announced tariff relief covering about $5.8 billion in industrial exports, including semiconductors.

Taken together, Rodolfo said, nearly half of the Philippines’ $14.5 billion in exports to the United States will be free from the reciprocal tariffs imposed under Trump’s tariff agenda, which seeks to rebalance U.S. trade relationships with every other economy in the world.

The Philippines, which runs a trade surplus with the United States, was initially hit with a 17 percent tariff on most of its exports. After further negotiations in Washington, the rate was raised by 2 percentage points in July, bringing it in line with the tariffs applied to other Southeast Asian countries.

The new relief follows Trump’s Nov. 14 executive order rolling back reciprocal duties on select agricultural imports. The order applies to “countries that produce substantial volumes of agricultural products that are not grown or produced in sufficient quantities in the United States,” including coffee, tea, tropical fruits, fruit juices, cocoa, spices, bananas, oranges, tomatoes, and beef.

The decision, according to the White House, is based on a combination of “substantial progress in reciprocal trade negotiations” and Americans’ current demand for certain imported goods and domestic production capacity.

Prices for many of these commodities have gone up sharply. The cost of coffee increased 18.9 percent between September 2024 and September 2025, according to the Bureau of Labor Statistics. Over the same period, beef, bananas, and oranges rose 14.7 percent, 6.9 percent, and 3.0 percent, respectively.

By Bill Pan

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Think America Is So Bad? Think Again.

There seems to be a growing sentiment, especially among younger Americans, that the United States is some kind of terrible place to live.

People are Waking Up to Islam   

President Donald Trump is not the only one waking...

The Transatlantic Paradox: Why The West Curses Its Cure

I am less concerned by media bias than the deeper pathology: a self-destructive push by Western elites against their own societies’ interests.

CBS Sunday Morning Show Sides w. Palestine   

The CBS Sunday Morning Show suggests archaeological digs in the West Bank have contributed to displacing Palestinians from their native land.

Serbia Thwarted A Major Ukrainian Terrorist Attack Against Hungary

Serbian President Vucic announced that the authorities discovered two bombs planted along the TurkStream gas pipeline transiting through his country.

Pacific Justice Institute Defends Historical Integrity in Texas Education Debate

Brad Dacus Testifies Before State Board of Education on...

California Supreme Court Orders Sheriff to Pause Election Fraud Probe

Riverside County Sheriff Chad Bianco must pause his 2025 election fraud probe as the California Supreme Court reviews legal challenges.

Accused Gilgo Beach Serial Killer Pleads Guilty

The accused serial killer in the Gilgo Beach murders pleaded guilty, closing a decades-long mystery surrounding the deaths of seven women.

2,400 Air Traffic Controllers Hired: DOT’s Duffy

Around 2,400 new air traffic controllers have been hired at American airports in the past 12 months, according to Transportation Secretary Sean Duffy.

Trump Says Pam Bondi is Out as His Attorney General

President Trump says Pam Bondi is out as his Attorney General. Bondi will be replaced by her deputy Todd Blanche, who will serve as acting attorney general.

Trump Signs Order Imposing 100 Percent Tariffs on Certain Imported Pharmaceutical Drugs

President Donald Trump signed executive orders on Thursday raising levies on some medications and refining calculations on steel tariffs.

Trump Says US Core Objectives in Iran Are ‘Nearing Completion’ in Primetime Address

President Trump will deliver a primetime address from the White House on April 1 to update the nation on the U.S. military operation against Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central