President Trump, during his first Asian tour of his second term, has signed several trade and energy agreements, including a trade and critical minerals pact with Malaysia. He also facilitated the signing of a peace declaration between Thailand and Cambodia. According to fund manager Scott Bessent, a trade framework has been established for a meeting between Trump and Xi Jinping. Additionally, Singapore's Prime Minister, Heng Swee Keat, highlighted at the US-ASEAN Summit that American companies can play a significant role in Southeast Asia's digital systems and energy infrastructure development, including cross-regional power grids and energy security projects.