A threat by President Donald Trump to halt trade negotiations with both Cambodia and Thailand until a truce had been reached forced both sides to the negotiating table. Even so, the ceasefire looks shaky.

It has been two months since tensions between Cambodia and Thailand flared up again. This most recent escalation was sparked by the death of a Cambod

Clashes on the Thailand–Cambodia border trigger martial law, disrupt trade flows, and raise investor risk across both economies.