On October 26, 2025, President Trump announced trade deals with Cambodia and Malaysia. Under both deals, the US will maintain a 19% ad valorem rate on goods originating from Cambodia and Malaysia. However, certain products originating from Cambodia and Malaysia will be exempt from the 19% ad valorem rate as provided for in Schedule 2 to the Cambodia agreement and Schedule 2 to the Malaysia agreement.

Importantly, certain exemptions are limited in scope. The Schedules include a “Scope Limitation” Column which indicates that the exemption is limited for certain tariff codes:

• Ex: a subheading marked with “Ex” is defined and limited by the product description in Column B.

• Aircraft: includes only articles of civil aircraft (all aircraft other than military aircraft); their engines, parts, and components; their other parts, components, and subassemblies; and ground flight simulators and their parts and components, that otherwise meet the criteria of General Note 6 of the HTSUS, regardless of whether a product is entered under a provision for which the rate of duty “Free (C)” appears in the “Special” sub-column.

• Pharma: includes only articles not patented in the US for use in pharmaceutical applications.

Both the Cambodia Agreement and the Malaysia Agreement contain additional provisions including agreements not to impose import licensing in a restrictive manner, agreements to provide non-discriminatory market access for certain US agricultural goods, and agreements to provide robust protection for intellectual property. Additionally, both Cambodia and Malaysia agreed to cooperate with the US to regulate national security-sensitive technologies and goods, align with the US on export controls, and provide information about certain investment activities.

The Husch Blackwell International Trade team is continuing to monitor for developments and will provide updates as available.