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nbcnews.com
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High Tariffs on Cambodian Goods Unlikely to Reshore Manufacturing
The Trump administration's 49% tariff on Cambodian goods, the highest rate imposed, is causing an existential crisis for Cambodian factories and workers, with no expectation of reshoring manufacturing to the U.S., as companies explore alternative locations and U.S. consumers face higher prices.
High Tariffs on Cambodian Goods Unlikely to Reshore Manufacturing
The Trump administration's 49% tariff on Cambodian goods, the highest rate imposed, is causing an existential crisis for Cambodian factories and workers, with no expectation of reshoring manufacturing to the U.S., as companies explore alternative locations and U.S. consumers face higher prices.
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