The new executive order dovetails with a proposal by the U.S. Trade Representative to charge million-dollar fees on Chinese-built ships upon entry to a U.S. port.
Pharmaceuticals have so far been exempted from the levies, but on April 8, Trump said he would announce a large tariff on drugs imports “very shortly.”
In addition to the lapses in required approvals, the audit found that Panama Ports used a series of tax-exempt subcontractors to lower the amount it pays to the government.
According to the World Trade Organization, Cambodia exported nearly $10 billion worth of goods to the U.S. in 2024, accounting for roughly 38% of its total exports.
Sinan's salt farms were also exposed for human trafficking and slave labor in 2014, after an investigation from mainland police led to the rescue of dozens of victims.