(Phnom Penh): Tariffs drive inflation by raising import costs, which businesses pass on to consumers, creating immediate price spikes. Over time, reduced competition, retaliatory tariffs, and supply chain disruptions intensify these pressures.

Short-term impacts are sharp, especially in metals (+41%), crops (+31.5%), clothing (+36.6%), electronics (+17%), and vehicles (+12.4%). Industrial goods like electrical equipment (+26.4%), machinery (+14.2%), and transport equipment (+10.8%) are also hit.

Long-term effects persist even after markets adjust, with prices still elevated: metals (+17.3%), crops (+15.1%), clothing (+18%), electronics (+7.7%), vehicles (+9.4%), and other manufactured goods (+6–12%).

Overall, tariffs mean sustained higher costs for consumers and businesses, weakening spending, profits, and growth.

This article was originally published on Visual Capitalist.
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