President Donald Trump hosted Philippine President Ferdinand “Bongbong” Marcos Jr. at the White House on Tuesday to discuss security in the Indo-Pacific and possibly hammer out a trade deal between the United States and its oldest regional military ally.

The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.

President Donald Trump says he's reached a trade agreement with Philippine President Ferdinand Marcos Jr. following a meeting at the White House that will see the U.S. slightly drop its tariff rate fo