That same trend holds across every deal he's announced. With Indonesia, he agreed to a 19% tax, four times what we paid last year. With the Philippines, a 20% tax, up from 1.3%. So 15 times what we paid last year. And for the UK where we have a trade surplus, again, a trade surplus, he agreed to a 10% tariff, again, 10 times what we paid in 2024. (15:18–15:23)
CLAIM
Asserts that the tariff on trade with the Philippines increased from 1.3% to 20%.
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