US-Philippines forges bilateral agreement 

The United States hopes to boost pork exports to the Philippines following a bilateral agreement on trade under the Trade and Investment Framework Agreement.

The Philippines imposes an average tariff of 20.5% on meat products from the US, with the highest rate of 45%, according to the World Trade Organization.

The Philippines imported approximately $100 million of US pork in 2017. The top US agricultural products imported by the country were soybeans, soybean meal, wheat, dairy products, pork, beef and prepared foods.