Thailand-Cambodia Peace Talks: Trump’s Trade Ultimatum Spurs Ceasefire

- Trump’s intervention prompts ceasefire discussions amid deadly border conflict. - Fighting has caused 35 deaths and displaced over 218,000 people. On July 28, 2025, former U.S. President Donald Trump announced progress toward a ceasefire between Thailand and Cambodia, using U.S. trade negotiations to pressure both nations to address their violent border conflict. These clashes mark one of the region’s most critical crises in recent years, as the fighting has killed at least 35 people and forced over 218,000 residents to flee their homes. On July 28, Mitrade reported that Trump communicated directly with leaders from both nations earlier this week, threatening to suspend U.S. trade to gain leverage. Following Trump's warning, Cambodia swiftly agreed to an unconditional ceasefire, while Thailand accepted the proposal “in principle” but cautioned that Cambodia must show "genuine sincerity" to secure a lasting peace. To de-escalate the conflict, international leaders will hold an emergency meeting on Monday in Kuala Lumpur. Malaysian Prime Minister and ASEAN Chair Anwar Ibrahim will host the meeting. Thailand’s acting Prime Minister Phumtham Wechayachai and Cambodian Prime Minister Hun Manet are expected to attend, which raises hopes for a diplomatic resolution. However, fighting reportedly continued over the weekend despite the ceasefire announcement. Thai military officials accused Cambodian forces of firing artillery into Surin province, and in response, Cambodian authorities alleged a "large-scale incursion" by Thailand. U.S. State Department spokesperson Tammy Bruce reaffirmed America’s support for a peaceful resolution, noting that Secretary of State Marco Rubio was directly involved and had communicated with both nations to urge restraint. Meanwhile, the humanitarian crisis along the border remains dire. As tensions escalate, thousands of people continue to evacuate, and the Thai military suspects Cambodia may be planning further operations to strengthen its position before Monday’s negotiations. According to CoinMarketCap on July 28, Ethereum (ETH) was valued at $1,881.56 as of 12:00 UTC, representing a 1.4% increase in 24-hour trading volume.