BGA Cambodia Managing Director Bora Chhay wrote an update to clients on Cambodia’s trade negotiations with the United States. Context U.S. President Donald Trump on July 31 (U.S. time) announced a universal tariff reset, with Cambodia set at 19 percent,down from the previous levels of 49 percent and 36 percent announced April 2 and July 8 respectively. The deal was reinforced by Cambodia’s bilateral commitments, including zero-tariff access for over 11,000 harmonized-system code lines of U.S. … Continue Reading