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ASA Welcomes New Southeast Asia Trade Deals

Oct 26, 2025

This morning, the United States signed two trade deals with Malaysia and Cambodia and announced a framework for reciprocal trade with Vietnam and Thailand.

As part of these announcements, the White House has noted multiple provisions favorable to U.S. soybean exports, including:

  • The elimination or reduction of tariff barriers for U.S. agricultural products into all four countries
  • A commitment from Thailand to purchase U.S. soybean meal, among other U.S. feed commodities, on a per annum basis totaling $2.6 billion
  • The elimination or reduction of major non-tariff barriers in each country, including favorable language on biotechnology regulations, sanitary and phytosanitary provisions (SPS), and other non-tariff barriers.

Caleb Ragland, ASA president and Kentucky soybean farmer, said, “We appreciate President Trump’s recognition of the promise markets in Southeast Asia hold for U.S. soybean exports, and we applaud the work of the administration to increase market access in that region. We look forward to future deals like these that reduce tariffs and ensure continued and increased market access for U.S. agriculture and urge all parties to swiftly bring these frameworks and agreements to fruition.”