Cambodia and U.S. Reach Agreement in Tariff Negotiations

According to BlockBeats, the Cambodian government announced on July 4 that it has reached an agreement with the United States in tariff negotiations. A joint statement on 'reciprocal tariffs' is expected to be released soon, although specific details, including tariff rates, remain unclear. The announcement from the Cambodian government indicated that Deputy Prime Minister Sun Chanthol held an online consultation with Sarah Ellerman, the Assistant Trade Representative for Southeast Asia and the Pacific at the U.S. Trade Representative's Office, on July 4. Both parties reached a consensus on the draft of the joint statement.