Phnom Penh: Cambodia is lowering tariffs on U.S. goods following President Donald Trump’s 49% tariff on Cambodian imports. The move affects 19 product categories.
Government Statement
Commerce Minister Cham Nimul confirmed tariffs on items like motorcycles, cars, and agricultural goods will drop from 35% to 5%.
Call for Talks
Cambodia has urged the U.S. to enter trade negotiations and delay implementing the newly announced tariff increase on Cambodian imports.
U.S. Position
Despite Cambodia’s tariff reductions, it is uncertain if Trump’s administration will adjust its stance. Officials argue other trade barriers remain an issue.
Trump’s Response
Trump reiterated on Truth Social that his policies “will never change.” However, he also indicated some willingness to negotiate trade terms.