Trump signs trade, critical mineral agreements with Asian countries
- On Sunday, U.S. President Donald Trump signed trade and critical minerals agreements with three Southeast Asian partners in Kuala Lumpur at the ASEAN Summit.
- China's tightened controls and tariff evasion concerns drove Washington to diversify supplies, while Malaysia banned raw rare earth exports but agreed not to restrict shipments to the United States on Sunday.
- The White House said the United States will maintain a tariff rate of 19% on most exports, while Malaysia agreed to provide preferential market access and Thailand pledged to eliminate tariff barriers on approximately 99% of goods, including labour and environmental protections.
- The deals aim to unlock regional resources and rapidly build critical minerals supply chains following an enhanced ceasefire between Thailand and Cambodia, a senior administration official said.
- Negotiators remain hamstrung by fragile handshake deals with Vietnam, Indonesia and the Philippines, while rising Section 232 investigations threaten new tariffs in coming months.
54 Articles
54 Articles
Asian shares are mixed as region watches for outcome from Trump’s visits
TOKYO (AP) — Asian shares were mixed on Tuesday, with Chinese markets gaining as investors watch to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng edged 0.1% higher to 26,451.08 and the Shanghai Composite index gained 0.2% to 4,005.44, its highest level in a decade. Trump has suggested he expects to forge another trade agreement with Chinese President Xi Jinping when they mee…
Trump Secures Major Trade and Rare Earth Deals in Asia.
PULSE POINTSWHAT HAPPENED: President Donald J. Trump began his Asia tour with a visit to Malaysia, brokering peace accords, trade agreements, and critical minerals deals.WHO WAS INVOLVED: President Trump, leaders of Cambodia, Thailand, Malaysia, and Vietnam.WHEN & WHERE: Kuala Lumpur, Malaysia, during President Trump’s Asia tour on Monday.IMPACT: Historic peace agreements, expanded market access for U.S. goods, and strengthened critical mineral …
On a visit to South-East Asia, Trump has signed several trade agreements or framework agreements with promises to cooperate.
Trump Heads to Japan After Trade and Peace Deals in Malaysia - teleSUR English
U.S. President Donald Trump departed Malaysia on Monday, heading to Japan for a three-day official visit expected to focus on trade and defense. The trip follows a day of high-profile diplomacy in Kuala Lumpur, where Trump signed several economic deals and brokered a peace agreement between Thailand and Cambodia. RELATED: Lula Proposes Trump To Be An Intermediary Between U.S. And Venezuela Air Force One took off from Kuala Lumpur International A…
US Announces 4 New Deals on Trade, Rare Earths in Southeast Asia
The United States has reached trade deals with four Southeast Asian countries addressing critical rare earth minerals and broader trade imbalances. U.S. President Donald Trump, currently in Kuala Lumpur, Malaysia, for a trade summit with the Association of Southeast Asian Nations, signed agreements with Malaysia and Cambodia, as well as a framework agreement with Thailand that commits both to working on trade issues. Under the deals, all three c…
Photos from US President Donald Trump’s visit to Malaysia, South Korea and Japan
KUALA LUMPUR, Malaysia (AP) — U.S. President Donald Trump visited Malaysia to oversee the signing of the Cambodia-Thailand peace pact. While he met with the leaders of all three countries
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