Cambodia welcomes 19 percent US trade tariff

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  • Cambodia welcomes 19 percent US trade tariff

Cambodia on Friday welcomed a 19 percent trade tariff announced by US President Donald Trump, avoiding a threatened levy of 36 percent days after he intervened to help broker a ceasefire in their border conflict.

Cambodia said it would drop all tariffs on imports from the United States and order up to 20 Boeing 737s for its national airline in a further effort to woo the Trump administration.  "This is the best news for the people and economy of Cambodia to continue to develop the country," Cambodian Prime Minister Hun Manet stated on his social media.

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