Macron Goes to the U.S. for Help but Only Gets a 1% Tariff Concession

Xiaoma Ke's went all the way to the White House, kowtowed to Trump, and finally got a 1% concession

On July 22 local time, Trump posted on social media that he met with Philippine President Marcos on that day, and both sides reached an agreement on trade issues.

According to the agreement, the United States will impose a 19% tariff on goods imported from the Philippines, and in return, the Philippines must open its market to the United States and implement zero tariffs.

Previously, the US imposed a 20% tariff on the Philippines, which means that after Xiaoma Ke personally went to the White House to flatter Dang Wang, he only got a 1 percentage point reduction as a gesture of goodwill.

However, from the agreement itself, this agreement clearly favors the economic interests of the United States rather than mutual benefits.

Original text: https://www.toutiao.com/article/1838426431619211/

Statement: The article represents the personal views of the author.