Cambodia holds trade talks with U.S. as 49% tariff weighs on outlook

From Yahoo Finance: 2025-05-15 04:25:00

Cambodia and the United States held trade talks in Washington to negotiate a reduction in Cambodia’s 49% tariff rate, affecting its textiles and footwear sector. Moody’s changed Cambodia’s outlook to negative due to uncertainty over U.S. tariffs. Cambodia has a big trade surplus with the U.S., with exports valued at close to $10 billion in 2024.

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