USA 19% reduce tariffs for Cambodia Malaysia and Thailand
The United States government reduced import tariffs to 19 % from Cambodia, Malaysia and Thailandwhich will come into force as of August 7 instead of this Friday, the White House reported in an executive order.
These three countries, with economies very focused on export and that have the US as one of the main destinations for their products, They hurried to negotiate with Washington A pact that will help reduce previously announced rates.
Bangkok and Kuala Lumpur, with tariffs established in the letters sent at the beginning of July at 36 % and 25 %, respectively, advanced on Thursday that their commercial agreements with the first world economy was practically sealed, without specifying a figure for the encumbrances.
In addition, Cambodia, which in April received 49 %tariffs -only surpassed by Lesoto, who obtained them from 50 % -had a tariff threat of 36 %, according to the letter sent by US President Donald Trump.
Last weekend, Trump pressed Thailand and Cambodia with delaying the arrival of a commercial agreement until the armed confrontation that exploded on July 24 on the border they share.
Finally, Bangkok and Nom Pen reached a high fire on Monday after five days of fighting.
Vietnam, Indonesia and the Philippines also achieved a reduction
For their part, Vietnam, Indonesia and the Philippines had already reached their respective agreements with Washington to reduce tariffs. Hanói managed to reduce them to 20 %, while Yakarta and Manila got a 19 %cut.
However, other Southeast Asian countries have not been able to reach the long -awaited reduction.
According to the last list, The United States maintained at 40 % tariffs for Laos and Burma and 25 % for Brunéithe same that had already announced in July through letters to its governments.
Singapore, on the other hand, stays with 10 % base that Washington applies to all countries.
