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Relief in Southeast Asia As Trump’s Tariffs Level Playing Field

Major garment producers like Vietnam and Cambodia now face similar tariff rates of around 20 percent, lower than previously threatened.
TAL garment workers at one of the company's factories in Vietnam.
TAL garment workers at one of the company's factories in Vietnam. (TAL)
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Southeast Asian countries breathed a sigh of relief on Friday after the US announced tariffs on their exports that were far lower than threatened and levelled the playing field with a rate of about 19 percent across the region’s biggest economies.

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