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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Good evening, everyone! Market analysis! Thank you all for your support!
Jin10 data reports on July 5, the Cambodian government announced on July 4 that it had discussed a joint statement with the United States within the framework of a trade agreement on reciprocal tariffs and reached a consensus. Details such as tariff rates have yet to be disclosed. The Cambodian side revealed that on the morning of the 4th, Cambodian Deputy Prime Minister Sun Chanthol conducted online consultations with Sarah Ellerman, the Assistant USTR for Southeast Asia and Pacific Affairs. The joint statement will be released soon. In April, U.S. President Trump proposed a 49% reciprocal tariff rate to Cambodia, which is the highest in Southeast Asia. Cambodia has a high export ratio to the U.S. in areas such as clothing. If tariffs are imposed as planned, it will have a serious impact on the employment environment and other aspects. (Nikkei News)