The U.S. and the Philippines have reached a trade deal, President Trump said Tuesday after his Oval Office meeting with Philippine President Ferdinand "Bongbong" Marcos, Jr.

Philippine President Ferdinand Marcos Jr. is the first Southeast Asian leader to hold talks with Trump in his second term.

Like most foreign leaders coming to visit President Donald Trump, the Philippines’ Ferdinand Marcos Jr. will look to make a personal connection with his American counterpart on Tuesday as he seeks a new trade deal.

President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr., following a meeting Tuesday at the White House, that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there.

U.S. President Donald Trump announced a new 19% tariff on Philippine goods following a 'beautiful visit' by Philippine President Ferdinand Marcos Jr. The new rate, slightly lower than the previously threatened 20%,

U.S. President Donald Trump on Tuesday announced a new 19% tariff rate for goods from the Philippines after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,