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Live Updates  >  Live Update Details

2025-08-01 06:34:04

[Philippine Expert: US-Philippines Trade Agreement Harms Philippine Economy] Recently, the United States announced a new trade agreement with the Philippines, opening the Philippines' market to the US and implementing zero tariffs in exchange for a reduction in US tariffs on Philippine imports from 20% to 19%. Philippine experts, in an interview with CCTV reporters, stated that this policy is extremely unfair to the Philippines and will harm its economic interests. (CCTV)

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