President Trump Advances Trade and Ceasefire Agreements During ASEAN Summit
President Trump's presence at the ASEAN summit in Malaysia has yielded immediate diplomatic results, with a newly signed peace agreement between Cambodia and Thailand. The deal mandates the release of Cambodian detainees and the withdrawal of heavy weapons, monitored by regional observers to prevent renewed hostilities. "We did something that a lot of people said couldn’t be done," TRUMP remarked, while Cambodian Prime Minister Hun Manet called the accord historic.
Trade discussions dominated the summit agenda, particularly tariffs and access to rare earth minerals—critical issues amid the ongoing US-China trade war. Trump also highlighted broader diplomatic efforts to end eight global conflicts, referencing the Israel-Hamas ceasefire as a model. His warning to withhold trade agreements unless regional conflicts cease appears to have spurred July's initial truce between Thailand and Cambodia.
Upcoming meetings with Japan’s new conservative Prime Minister, Sanae Takaichi, and other leaders signal continued focus on strengthening Washington’s alliances. The outcomes could ripple through global markets, though no direct cryptocurrency implications were noted in the proceedings.