Amid escalating global trade tensions triggered by US President Donald Trump’s new tariff threats, European Union (EU) officials on Thursday emphasised the importance of forging deeper economic ties with reliable partners such as Malaysia.
An AmChamSG member survey showed 69% expect the tariffs to have a moderate or significant negative impact.
The sweeping US tariff fallout on Cambodia’s GDP is estimated at a whopping $1.475 billion, excluding the first quarter, with potential adjustments still under review.
Thai-EU FTA talks make solid progress in fifth round; deal expected by end of 2025, says Commerce Minister Pichai.
BMI, a unit of Fitch Solutions, has retained its forecast that Malaysia’s federal government budget deficit will narrow to 3.8% of gross domestic product (GDP) in 2025, down from 4.1% in 2024.
Direct cash or voucher disbursements and employment support could cushion the impact.
Prime Minister Hun Manet yesterday reaffirmed Cambodia’s readiness to engage in a constructive dialogue over the tariffs imposed by the United States and clarify misconceptions about the country’s trade policies.
Trade department flags 49 product categories to prevent origin misrepresentation after Trump's 36% levy