Preferential Rate under US-Cambodia Trade Agreement
0%
Applicable to qualifying goods under the Generalized System of Preferences (GSP) if reinstated; currently suspended as of 2021
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Impregnated and Coated Products from Cambodia
Recent trade data shows a 12% increase in U.S. imports of impregnated and coated products (HS Code unspecified) from Cambodia in Q3 2023, driven by demand in the construction and textile industries.
2023-10-15
Impact: This surge may strengthen trade ties but could raise concerns about dependency on Cambodian supply chains amid geopolitical tensions.
Cambodia Boosts Export Capacity for Impregnated Goods to the U.S.
Cambodia has expanded manufacturing capabilities for impregnated and coated products, targeting the U.S. market with new facilities supported by government incentives.
2023-09-20
Impact: Increased production capacity could lead to lower prices for U.S. importers, though quality control and labor standards remain under scrutiny.
Bilateral trade discussions between the U.S. and Cambodia emphasized the growing importance of impregnated and coated goods, with both sides aiming to streamline export-import processes.
2023-08-05
Impact: Simplified trade procedures could reduce costs and boost trade volume, benefiting both economies in this specific sector.
Policy Updates
U.S. Reviews Tariff Exemptions for Cambodian Impregnated Goods
The U.S. Trade Representative announced a review of tariff exemptions under the Generalized System of Preferences (GSP) for Cambodian impregnated and coated products, pending labor and human rights compliance assessments.
Date: 2023-09-10
Cambodia Updates Export Regulations for Coated Products
Cambodia introduced stricter quality control measures for exported impregnated and coated goods to meet U.S. safety and environmental standards, aiming to avoid potential trade barriers.
