Story perspectives
EU and Philippines Agree Free Trade Deal, Finalizing Soon
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Story summary
- EU and the Philippines agreed on a free trade deal.
- Ursula von der Leyen announced the deal on X after speaking with President Ferdinand Marcos Jr.
- Both sides said the pact will diversify supply chains amid higher U.S. tariffs and trade tensions.
- Trade Commissioner Maros Šefcovic and Trade Secretary Ma. Cristina Roque said negotiators will finalize the deal in coming months.
