Cambodia Rushes to Cut 49% US Tariff Before June Trade Talks
Cambodia cutting US tariff negotiations have officially begun, with representatives from the Southeast Noy Asian nation meeting with US trade officials in Washington this week. This marks the first round of what could be a series of crucial discussions aimed at reducing the steep 49% tariff rate that was recently imposed by the Trump administration on Cambodian goods entering the American market. The talks, which concluded on Thursday, come at a critical time for Cambodia as it desperately seeks relief from these punishing trade measures that are already impacting its economy. Also Read: Trump Opens Saudi Checkbook: 13 U.S. Stocks at Center of $600B Deal Tariff Cut Talks Threaten Cambodia’s Exports, Jobs, Growth Source: Watcher Guru First Round Complete, Limited Progress Cambodia cutting US tariff discussions took place between Deputy Prime Minister Sun Chanthol and Commerce Minister Cham Nimul from the Cambodian side, and also Sarah Ellerman, the assistant US trade representative...