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President Trump announced new trade agreements with the Philippines and Indonesia, both setting 19% tariffs on imports to the U.S. while American exports to those countries face zero tariffs. He revealed the Philippines deal after meeting President Ferdinand Marcos Jr. at the White House, though no formal signing was confirmed. It marks the fifth such agreement in three months ahead of an August 1 tariff deadline.

The Philippines previously faced a 17% tariff in April, with threats of 20% in August, but now commits to paying 19% while considering zero tariffs on select U.S. goods, possibly including automobiles. Marcos said Manila is open to a broader free trade agreement.

Trump also detailed Indonesia's deal, including scrapping digital service taxes, dropping pre‑shipment inspections on U.S. goods, and accepting U.S. motor vehicle standards while lifting mineral export restrictions. Indonesia's imports to the U.S. totaled $28 billion last year, led by apparel and footwear, while U.S. exports to Indonesia reached $10 billion.

Critics question the timing and motives behind these agreements, but the administration frames them as part of Trump's effort to secure “quality deals” before higher tariffs hit next month.