Cambodia's Lifeline: Tariff Cuts Secure Garment Industry's Future

Cambodia says 19% US tariff rate averts collapse of garments manufacturing sector

A tariff rate of 19% on Cambodia's exports to the United States has helped it avert the collapse of its vital garment and footwear sector, allowing the country to remain competitive with its peers, its deputy prime minister told Reuters on Friday.

Cambodia's Lifeline: Tariff Cuts Secure Garment Industry's Future

Cambodia's Lifeline: Tariff Cuts Secure Garment Industry's Future Cambodia's garment and footwear sector has been given a lifeline thanks to a significant reduction in U.S. tariff rates. What was initially a crippling 49% tariff, later reduced to 36%, has now been adjusted to 19%, allowing Cambodia to remain economically competitive, according to Deputy Prime Minister Sun Chanthol.In expressing gratitude to former U.S. President Donald Trump, Ch…

EuroCham’s Garment & Manufacturing Committee Welcomes U.S. Tariff Cut, Urges Reinvestment in Compliance and Sustainability - Cambodia Investment Review

Cambodia Investment ReviewThe European Chamber of Commerce in Cambodia (EuroCham) Garment & Manufacturing Committee has welcomed the U.S. government’s decision to reduce tariffs on Cambodian garment and footwear exports, calling it a vital step toward restoring confidence in bilateral trade ties and strengthening supply chain resilience.The move follows months of engagement between Cambodian authorities, private sector stakeholders, and U.S. tra…

Cambodia Agrees to a Reduced Tariff and Breathes a Sigh of Relief

Cambodian businesses, including its busy garment and footwear industries, initially faced one of the highest U.S. tariff rates in the region.