A surge of headlines credit former U.S. President Donald Trump with brokering a ceasefire between Thailand and Cambodia by leveraging the promise of renewed trade negotiations. Trump and his administration claim that their intervention, including threats of tariffs and offers of trade deals, led to a rapid de-escalation of the border conflict. Cambodian officials have publicly praised Trump for his role, while some in Thailand have expressed concern over linking peace to economic incentives. The U.S.-brokered talks are seen as a pivotal moment for Southeast Asian stability and could reshape U.S.-ASEAN trade dynamics. Critics, however, warn of the risks in using economic pressure as a tool for conflict resolution.
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