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US made trade deals with Thailand and Cambodia, Lutnick says

Derek Wallbank, Bloomberg News on

Published in News & Features

Commerce Secretary Howard Lutnick said the U.S. had reached trade agreements with Cambodia and Thailand, days after the Southeast Asian neighbors agreed to a ceasefire at President Donald Trump’s urging after deadly clashes along their disputed border.

“And you know what we did today? We made trade deals with Cambodia and Thailand,” Lutnick said Wednesday night in an interview with Sean Hannity on Fox News. He didn’t elaborate before the interview ended.

The White House and Commerce Department didn’t immediately respond to requests for further details.

Trump had used trade talks as a cudgel to bring both nations to the negotiating table, threatening that Washington would not reach trade deals with either as long as the fighting continued. After the peace deal was inked, Trump called leaders in both countries and told his trade team to restart talks with both nations.

 

Lutnick made his remarks just two days before Trump’s deadline for America’s trading partners to reach agreements and hours after the U.S. announced that it had reached an accord with South Korea that would impose a 15% tariff on imports. Trump also said he would impose a 25% levy on Indian goods starting Friday and threatened an additional penalty over the country’s energy purchases from Russia.

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(With assistance from Chelsea Mes, Catherine Lucey and Jennifer A. Dlouhy.)


©2025 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.

 

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