Philippine President Ferdinand Marcos Jr. listens as US Defense Secretary Pete Hegseth delivers remarks to reporters before a meeting at the Pentagon on July 21, 2025 in Arlington

WASHINGTON (TNND) — President Donald Trump will host Philippine President Ferdinand Marcos Jr. at the White House on Tuesday to discuss tariffs and the security partnership between the two countries.

Investors’ worries on US’ tariff policies have eventually resulted in the decline of both of the Philippine Stock Exchange index (PSEi) and the Philippine peso Tuesday. All the indices in the local bourse ended on the red,

Motorists should brace for another round of fuel price hikes as high as P1.10 per liter starting Tuesday, July 22. In separate advisories issued on Monday, July 21, Shell Pilipinas, Seaoil, PetroGazz and CleanFuel announced they will raise gasoline prices by P0.

THE PHILIPPINES has room to negotiate with the US to bring down its reciprocal tariff to as low as 10% using defense concessions as a key bargaining chip, according to Fitch Solutions’ research unit BMI.

The Philippine peso managed to keep its footing against the US dollar on Friday but the Philippine Stock Exchange index (PSEi) slipped on continued worries over the tariff decision of the US. The local currency ended the day at 56.