Cambodian Prime Minister Manet offers to reduce tariffs, negotiate with Trump

Cambodian Prime Minister Hun Manet wrote to President Donald Trump offering to drop tariff levels certain U.S. imports and negotiate.

"Cambodia proposes to negotiate with Your Honorable’s administration at the earliest convenient time and wishes to request that your esteemed government consider postponing the above-mentioned tariff implementation," he wrote on Friday.

"I would like to inform Your Honorable President that the existing practice of Cambodia’s maximum tariff rate tops at 35%. In expression of our good faith and in spirit of strengthening our bilateral trade relations, Cambodia is committed to promote U.S. based product imports with an immediate reduction of 19 product categories from our maximum 35% tariff bound rate to 5% applied tariff rate," he added.

He wrote that Cambodia "remains fully committed to engaging in constructive and productive dialogue with the U.S. government to further deepen our bilateral trade, so that both nations and peoples can enjoy the tangible benefits from these significant trade relations."

Many shoe manufacturers have located in Cambodia.