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Trump Secures Trade and Mineral Deals with Southeast Asia Amid China’s Export Controls
President Donald Trump secured trade and critical mineral deals with Malaysia, Thailand, and Cambodia to counter Chinas export controls, aiming to enhance the United States supply chain stability.
- On Sunday, President Donald Trump signed trade agreements with Malaysia, Thailand, and Cambodia to reduce tariff and non-tariff barriers, aiming to address significant trade imbalances.
- Malaysia committed to not imposing a ban on critical mineral exports to the United States, particularly as China tightens its control over rare-earth element exports.
- These agreements are part of a broader strategy to diversify supply chains in Southeast Asia, boosting cooperation in critical mineral sectors amid rising tensions with China.
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These deals illustrate the United States efforts to secure essential supplies and reduce dependency on China, particularly in the critical minerals sector, highlighting a significant geopolitical shift in trade dynamics.