Thai and Cambodian Leaders Head to Malaysia for Peace Talks
Thailand's government said it was attending talks arranged by Malaysia in its role as chair of the regional ASEAN bloc, while Cambodian Prime Minister Hun Manet said the talks were co-organised by the United States with the participation of China.
U.S. Secretary of State Marco Rubio said State Department officials were in Malaysia to assist peace efforts, after President Donald Trump had earlier said that he thought both leaders wanted to settle the conflict.
"We want this conflict to end as soon as possible," Rubio said in statement released late on Sunday in the U.S. and early Monday in Asia.
"State Department officials are on the ground in Malaysia to assist these peace efforts."
Tensions between Thailand and Cambodia have intensified since the killing in late May of a Cambodian soldier during a brief border skirmish. Border troops on both sides were reinforced amid a full-blown diplomatic crisis that brought Thailand's fragile coalition government to the brink of collapse.
Hostilities broke out last Thursday and have escalated into the worst fighting between the Southeast Asian neighbours in more than a decade.
The death toll has risen above 30, including more than 20 civilians, while authorities report that more than 200,000 people have been evacuated from border areas.
Malaysian Prime Minister Anwar Ibrahim had proposed ceasefire talks soon after the border dispute erupted into conflict on Thursday, and China and the United States also offered to assist in negotiations.
Thailand had said it supported calls for a ceasefire in principle but wanted to negotiate bilaterally, while Cambodia had called for international involvement.
Anwar said he expected to chair the negotiations after being asked by representatives of the two governments to try to find a peace settlement, state media agency Bernama reported.
"So, I'm discussing the parameters, the conditions, but what is important is (an) immediate ceasefire," he said late on Sunday.
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Several other nations had already announced similar aircraft purchase deals as part of their trade packages. Trump had threatened to not conclude a deal with reduced tariffs if Cambodia and Thailand didn't stop a recent armed conflict over border territory. The two nations agreed on a ceasefire beginning Tuesday that appears to be holding. Cambodia publicly celebrated Trump's peace initiative, suggesting he deserved a Nobel Prize for his intervention. Sun Chanthol said Friday that Cambodia would nominate him for the honor. Australia says 10% rate gives country competitive advantage Australian Trade Minister Don Farrell says gaining the minimum 10% U.S. tariff on exports including beef, lamb, wine and wheat gave Australia a competitive advantage over some competitors. Farrell told reporters Australia did not introduce tariffs on U.S. goods at any point, and added, "I haven't seen any case or any example where the retaliatory imposition of tariffs has resulted in a country being in a better position." Farrell argues that no U.S. tariffs can be justified because Australia imposes no tariffs on its bilateral free trade partner. The United States has enjoyed a trade surplus with Australia for decades. Australian Prime Minister Anthony Albanese has been criticized for failing to secure a face-to-face meeting with U.S. President Donald Trump to discuss trade. Japan welcomes Trump's signing of executive order Japanese Chief Cabinet Secretary Yoshimasa Hayashi welcomed U.S. President Donald Trump's signing of the executive order setting Japan's new reciprocal tariffs as a step that would reduce uncertainty of the U.S. trade policy and its negative impact on the global economy, including that of Japan. Hayashi, however, said Japan still needs to closely examine the measures and continue urging prompt implementation by the U.S. government to carry out the agreement, including reduction of tariffs on automobiles and auto parts. Hayashi acknowledged that Japan's new tariff rate of 15% is a "major reduction" from the initially imposed 25%, but his government will continue to watch and mitigate its impact on Japanese exports, including by providing financial assistance for small and medium-sized businesses. New Zealand looks to lobby for lower tariff rates New Zealand officials said they would lobby the administration for a change to the 15% tariff announced for the country's exporters to the U.S. It's an increase from the original 10% baseline announced for New Zealand in April. "We don't think this is a good thing. We don't think it's warranted," Trade Minister Todd McClay told Radio New Zealand Friday. He said New Zealand appeared to have been targeted for a larger levy because the country sells more to the U.S. than it imports, but that the gap of about half a billion dollars each year was "not significant or meaningful." Neighboring Australia dodged an increase to remain at 10%, but it buys more from the U.S. than it exports, McClay added. The United States in January overtook Australia to become New Zealand's second-largest export partner, behind China. New Zealand exports are largely made up of meat, dairy, wine and agricultural machinery. Taiwan president says final tariff negotiations yet to come Taiwan President Lai Ching-te said Taiwan had yet to engage in final negotiations with the U.S. owing to scheduling difficulties and that he was hopeful the final tariff rate would be reduced even further after a final round of talks. The Trump administration hit Taiwan with 32% tariffs, and lowered it to 20% on Thursday. 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Posted on his social media platform, Hun Manet said Trump hadn't only helped broker a ceasefire between Cambodia and Thailand forces after nearly a weeklong clash, but also assisted Cambodia's economy by lowering tariffs. "This is good news for the people and economy of Cambodia to continue developing the country," Hun Manet said. Thailand successfully negotiates lower tariff rates Thailand's government spokesperson Jirayu Houngsub said Thailand says the U.S. agreed to reduce the tariffs rate from 36% to 19%, a rate similar to those imposed on many other Southeast Asian countries such as Vietnam and the Philippines. "It's one of the major successes of Team Thailand in a win-win approach, to secure the country's export base and economic security in a long run," he said in a statement. He didn't immediately say what was the latest offer Thailand made to the U.S. The agreement came days after a ceasefire between Thailand and Cambodia to halt the nearly weeklong clashes that killed at least 41 people. It was brokered with U.S. pressure as President Donald Trump said he wouldn't move forward with trade agreements if the conflict continued.
