Joint Statement on United States-Cambodia Agreement on Reciprocal Trade

Key Points

• Cambodia drops tariffs on all American farm and factory goods, making U.S. products cheaper there
• The United States keeps a 19% tariff on most Cambodian goods but will make some items tariff-free, so a few may get cheaper here
• Both countries work to cut red tape on food and safety rules and to crack down on fake and pirated goods
• Cambodia agrees to stronger labor rights and environmental protections, including action on illegal logging and fishing
• The deal links trade to security and supply chains, and a Boeing-Air Cambodia plan could support U.S. jobs

Impact Analysis

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