Trump Unveils Southeast Asian Trade Pacts at Summit
President Donald Trump announced trade pacts with Malaysia and Cambodia on Sunday during a trip to a regional summit in Malaysia.
He also provided fresh details on potential Thailand and Vietnam deals.
Both the Thai and Cambodian pacts keep the U.S. reciprocal tariff in place but say that the U.S. will provide tariff carveouts for certain products from a White House list of goods not produced in the United States in sufficient quantities to supply the domestic market.
The trade agreements aim to strengthen economic ties between the US and Southeast Asian countries.
Author's summary: Trump announces trade pacts with Malaysia and Cambodia.