Cambodia, US to Begin Tariff Negotiations Soon

Cambodia and the United States are set to begin tariff negotiations following a positive response from the U.S. regarding Cambodia's request to discuss a common solution. The negotiations will be led by Deputy Prime Minister Sun Chanthol and will focus on the implementation of U.S. reciprocal tariffs, which have recently been temporarily suspended for 90 days. The U.S. has reduced its reciprocal tariff on Cambodia from 49% to 10% during this negotiation period, while Cambodia is committed to lowering tariffs on 19 categories of U.S. goods. This development coincides with President Trump's broader strategy to manage tariffs across multiple countries, amidst ongoing tensions with China. Observers in Cambodia suggest that while this pause provides a temporary reprieve, it should be viewed as an opportunity for strategic reassessment in trade relations. Business representatives warn that the path ahead remains challenging as the global economic landscape shifts.