Cambodia deputy PM says 19% US tariff deal averts collapse of garments sector | TheStarTV.com

Cambodia deputy PM says 19% US tariff deal averts collapse of garments sector

Published on 1 Aug 2025 4:40:54 PM

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 Sun Chanthol said on Friday (August 1)

Cambodia has a big trade surplus with the US, with its exports to the US market accounting for 37.9% of its total shipments in 2024, valued at close to $10 billion, according to official data.

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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 Sun Chanthol said on Friday (August 1)

Cambodia has a big trade surplus with the US, with its exports to the US market accounting for 37.9% of its total shipments in 2024, valued at close to $10 billion, according to official data.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, cambodia, trump, tariff, export, garment, footwear, market, economy

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