Cambodia and the USA Reach Agreement on 'Reciprocal Tariffs'
July 5, 2025 – Phnom Penh
The Cambodian government announced in an official statement on July 4 that it has reached a preliminary agreement with the United States regarding tariff negotiations. A joint statement is expected to be issued soon about what the two countries described as 'reciprocal tariffs', although specific details such as tariff rates or the range of covered goods have not yet been disclosed.
This development follows virtual consultations held on the same day between Cambodian Deputy Prime Minister 'Sun Chanthol' and U.S. Trade Representative's Assistant for Southeast Asia and the Pacific 'Sarah Ellerman'. According to the statement, a complete consensus was reached on the draft joint statement.
This agreement is seen as a potential starting point for enhancing trade relations between the two countries, especially in light of global trade tensions and attempts by some countries to recalibrate their economic relationships.
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