A sudden escalation in border conflict between Thailand and Cambodia in July 2025 resulted in dozens of deaths and mass displacement. U.S. President Donald Trump claimed personal credit for brokering a swift ceasefire by threatening steep tariffs and leveraging ongoing trade negotiations. Both Southeast Asian nations agreed to halt hostilities and resume talks, with Trump positioning himself as a 'president of peace' and promising renewed trade deals. The move has drawn both praise and criticism, with some regional officials lauding the peace while others warn against using economic pressure as a diplomatic tool. The ceasefire is seen as a pivotal moment for regional stability and could reshape trade and investment opportunities in Southeast Asia.
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