US to pursue trade pacts with Cambodia, Malaysia and critical-minerals deal with Thailand

Speaking in Kuala Lumpur, the US president signalled intent to conclude trade agreements with Cambodia and Malaysia and pursue a critical-minerals pact with Thailand. The push aims to reinforce regional supply-chain resilience and diversify inputs for clean-tech and electronics, complementing parallel talks with China. Business groups will track product-coverage lists, rules-of-origin terms and dispute-settlement clauses to assess commercial impact. Any swift progress could influence corporate capital-expenditure planning and pricing across battery materials and electronics components through early 2026.