Trump’s Democracy Push in Cambodia Bring Tariff Risks for Li & Fung, Capri

Cambodia 18 Cons. Discr. - Apparel 451 Tariffs 1768 U.S. 5211

President Donald Trump has called for a return to “the path of democratic governance” in Cambodia. Trade policy – including removing preferential tariff rates – could be used by the U.S. government to encourage change. Cambodia already faces trade policy threats given its exports to the U.S. surged 35.0% higher year over year in the 12 months to Sept. 30 while outnumbering imports from the U.S. by 9.5:1. Many firms have already shifted their supply chains to source from Cambodia rather than China. Among the largest importers from Cambodia to the U.S. are handbag importers including Li & ...

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