Senior officials from both countries said they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.

Thailand and Cambodia on Friday welcomed a 19 percent trade tariff announced by US President Donald Trump, avoiding a threatened levy of 36 percent days after he intervened to help broker a ceasefire in their deadly border conflict.

Bangkok and Phnom Penh welcomed on Friday the 19 percent trade tariff imposed by US President Donald Trump, a government spokesman said. Both countries averted a threatened levy of 36 percent. Trump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in favor of the US economy.