Smith Statement on Trade Agreements Signed with Cambodia and Malaysia

"President Trump continues to show the world that America is serious about rebalancing trade in favor of American farmers, manufacturers, and workers."

WASHINGTON, D.C. - Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Trump Administration announced it had finalized Agreements on Reciprocal Trade with Cambodia and Malaysia:

"President Trump continues to show the world that America is serious about rebalancing trade in favor of American farmers, manufacturers, and workers. The Agreements on Reciprocal Trade that were signed with Cambodia and Malaysia eliminate virtually all tariffs on U.S. exports, giving American producers unprecedented access to these fast-growing markets. These agreements tear down the significant tariff and non-tariff barriers that have denied fair treatment to U.S. agricultural and industrial exports. They protect American innovators through high-standard digital trade rules and stronger intellectual property protection. Cambodia and Malaysia also committed to join the United States in blocking the importation of goods made with forced labor. With these agreements, and the recently released framework agreements with Vietnam and Thailand, the Trump Administration continues to level the playing field for America."

READ: Chairman Smith: President Trump's Trade Agenda Changes Our Trade Relationships to Source of Economic Strength and Revenue, Not a Source of Decline and Dependence

Op-Ed: "American farmers and ranchers face…trade barriers across that world that block them for being able to compete fairly in foreign markets."