Trump announces trade deals with Malaysia, Cambodia, Thailand and Vietnam

Trade Agreements Overview - Agreements with four Asian nations establish frameworks, not legally binding documents, focusing on trade and tariffs [1] - TD Cowan provides a summary of the documentation related to these deals [1] Tariff and Investment Details - Malaysia agreement includes a 19% baseline tariff and $150 billion in foreign direct investment for semis, aircraft, and data center equipment [2] - Cambodia agreement also sets a 19% baseline tariff, with Air Cambodia committing to Boeing collaboration [2] - Thailand secures a 19% baseline tariff and agrees to purchase American aircraft, energy, and agricultural products [2] - Vietnam framework features a 20% tariff and purchase agreements in agriculture and aircraft [3] Focus on China - Agreements aim to curb transshipments of Chinese products to bypass tariffs [3] Future Negotiations - The United States may offer tariff exemptions within the 19% baseline tariffs for specific products, details pending negotiation [4]