Trump Sets 19% Tariff on Thailand, Cambodia After Peace Deal

Cambodia’s Prime Minister Hun Manet, left, Malaysia’s Prime Minister Anwar Ibrahim, center, and Thailand’s Acting Prime Minister Phumtham Wechayachai shake hands after meeting in Malaysia on July 28.

Photographer: Mohd Rasfan/Pool/AFP/Getty Images

The US set a 19% levy on imports from Thailand and Cambodia, lower than the 36% they originally faced, after President Donald Trump threatened to block trade deals with them unless they ended a deadly border clash.

Malaysia, which helped broker the ceasefire, was also set at 19%. That’s on par with previously announced rates for Southeast Asian neighbors Indonesia and the Philippines. The US is the largest export markets for both Cambodia and Thailand.