Brief by Shorts91 Newsdesk / 07:36pm on 05 Mar 2025,Wednesday International
Chinese companies are shifting factories to Cambodia to escape U.S. tariffs. A "Special Economic Zone" south of Phnom Penh is rapidly expanding, with businesses moving in to avoid extra costs on goods made in China. Experts say these companies are following trade rules, but Cambodia could face risks if U.S. policies change. Factory owner Mr. Huang, who supplies Walmart and Costco, fears Cambodia might be next in Trump's tariff plans. With new tariffs set to take effect, more Chinese firms are rushing to relocate, believing Southeast Asia is the future for manufacturing.
