President Donald Trump welcomed Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region.

President Donald Trump said he has reached a trade agreement with Philippine leader Ferdinand Marcos Jr. after a meeting Tuesday at the White House that will see the U.S. slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there.

Philippine President Ferdinand Marcos Jr. is the first Southeast Asian leader to hold talks with Trump in his second term.