Trump said the agreement involves zero tariffs on U.S. goods, while Filipino exports to the U.S. will face a 19% tariff.

Imports to the U.S. from the Philippines will have a 19% tariff rate, Trump posted on social media Tuesday afternoon. That is one percentage point less than the 20% rate Trump unilaterally imposed on goods from the Philippines in early July. But it’s still higher than the April 2 rate of 17%.