President Donald Trump attended a peace ceremony for Cambodia and Thailand on Sunday after helping mediate a ceasefire agreement between the two countries.
Cambodian Prime Minister Hun Manet and Thai Prime Minister Anutin Charnvirakul joined Trump in Kuala Lumpur, Malaysia, to formalize the Kuala Lumpur Peace Accords brokered earlier this year. The agreement ended a five-day conflict this summer that resulted in dozens of deaths, according to NBC News.
“On behalf of the United States, I’m proud to help settle this conflict and forge a future for the region,” said Trump.
Under the terms of the ceasefire, Thailand will release 18 Cambodian soldiers detained during the conflict. Both countries will remove heavy weapons from along their shared border, and officials with the Association of Southeast Asian Nations will monitor the ceasefire.
“We saved maybe millions of lives on this one peace deal,” said Trump.
Manet hailed Trump’s involvement in brokering the ceasefire, saying: “Reflecting the gratitude of the Cambodian people, I have nominated President Donald J. Trump for the Nobel Peace Prize. He saved lives,” according to the New York Post.
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Trump struck separate economic deals with Cambodia and Thailand after the peace accords were signed. Trump also signed a trade agreement with Malaysia that includes critical minerals, a key issue for the Trump administration as it seeks to curb U.S. reliance on China. Under the agreement, Malaysia has agreed to not ban or impose a quota on critical minerals or rare earth elements to the United States.
The United States has agreed to cap the tariff rate on goods from all three countries at 19%, according to the trade deals. On some goods, the tariff rate will be reduced to nothing.
Trump’s stop in Malaysia on Sunday is the start of a nearly weeklong tour of Asia. The president is expected to meet with Chinese President Xi Jinping later in the week as the United States and China tussle over trade.
Treasury Secretary Scott Bessent on Sunday said that U.S. and Chinese negotiators have struck agreement on a trade “framework” ahead of the Trump-Xi meeting.
“President Trump gave me a great deal of negotiating leverage with the threat of the 100% tariffs, and I believe we’ve reached a very substantial framework that will avoid that and allow us to discuss many other things with the Chinese,” said Bessent during an appearance on NBC News.
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