Cambodia hit with highest Trump tariff, but manufacturing 'absolutely not' coming back to U.S., trade group says

Contributing sentiments towards policy:

55% : Bloomberg | Bloomberg | Getty Images Among the top goals for President Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of short-term market and economic duress.
46% : While the 49% tariff rate that the Trump administration is placing on Cambodian goods will lead to an existential crisis for Cambodian factories and workers already at the low-end of global income distribution, reshoring of its manufacturing to the U.S. is not going to happen, according to a trade group that represents U.S. interests in the retail manufacturing hub.

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