Overview
- Commerce Secretary Howard Lutnick said on Fox News that the US had struck trade agreements with Thailand and Cambodia following a Trump-brokered ceasefire in late July.
- President Trump had threatened to halt trade talks until the two nations agreed to end deadly border clashes, using tariff leverage to secure the truce.
- Lutnick did not specify any tariff rates or market-access terms during his interview, and the White House has not provided further details.
- Thailand’s finance minister expects formal confirmation of the deal’s tariff rates within 24 hours, while a senior Cambodian negotiator says he has not been informed of any finalized terms.
- These pacts extend the administration’s broader 90-day reciprocal-tariff strategy, which has already yielded interim deals with the UK, South Korea and Vietnam before an August 1 deadline.