Philippines' Marcos to meet Trump in bid for trade deal

Philippine President Marcos Jr. will meet U.S. President Trump tomorrow to push for a better trade deal ahead of the August 1 tariff deadline.

Transcript

00:00Philippine President Ferdinand Marcos Jr. will meet U.S. President Donald Trump tomorrow.

00:05This comes as Marcos is aiming to secure a better trade deal ahead of the August 1st tariff deadline.

00:14Before departing from Manila, Marcos said discussions would centre on security, defence and trade.

00:20Marcos will be the first Southeast Asian leader to meet Trump in his second term.

00:24The U.S. ran a nearly US$5 billion trade deficit with the Philippines last year on US$23.5 billion in bilateral goods trade.

00:35Trump recently raised the proposed tariffs on Philippine imports to 20%, up from April's 17% threat.

00:42Marcos arrived in Washington on Sunday and will meet Secretary of State Marco Rubio and Defence Secretary Pete Hexif on Monday.

00:49He is also set to meet US business leaders investing in the Philippines during his visit.