Summary
President Trump announced that small countries could face high taxes, known as tariffs, on their goods if they do not make trade deals with the United States. This could affect countries like Cambodia that sell products to the U.S.
Key Facts
- President Trump mentioned new tariffs targeting small countries.
- Tariffs are taxes on goods brought into a country.
- These tariffs could be in the "double digits," meaning higher percentages.
- Countries need to make trade agreements with the U.S. to avoid these tariffs.
- Cambodia is one of the countries that might be affected.
- Small countries export various products to the U.S., which could become more expensive with tariffs.
