Cambodia and the United States have reached a trade agreement and will soon issue a joint statement on "reciprocal tariffs."

BlockBeats News, July 5th. On July 4th, the Cambodian government announced that it has reached an agreement with the United States in tariff negotiations. The two parties will soon release a joint statement regarding "reciprocal tariffs," but the specific details of the agreement, including tariff rates, are still unclear.

The information released by the Cambodian government indicates that Cambodian Deputy Prime Minister Sun Chanthol held online discussions on the 4th with Assistant U.S. Trade Representative for Southeast Asia and the Pacific Sarah E. Ellen. The two parties reached a consensus on the draft joint statement. (FXStreet)