US Slaps High Tariffs on Cambodia, Vietnam, Thailand, and Laos Amid China Trade Tensions
The White House has unveiled its latest chart of reciprocal tariffs targeting Southeast Asian countries. Cambodia, with a 49% tariff; Vietnam, with 46%; and Thailand, at 36%, are among those affected. The move follows China’s additional 34% tariff on “Liberation Day” and raises pressure on manufacturers that have leveraged the region as “plus one” destinations. … Read more