Trump Strikes Trade Deals with Philippines, Indonesia | JQJO

President Trump announced new trade agreements with the Philippines and Indonesia, imposing a 19% tariff on goods imported from both countries while eliminating tariffs on US exports. The Philippines deal follows a White House meeting with President Marcos Jr., and is Trump's fifth such agreement in three months. The Indonesia agreement, detailed in a joint statement, includes removing non-tariff barriers like taxes on digital services and pre-shipment inspections. These agreements come as Trump threatens higher tariffs on other countries if they don't reach deals by August 1.