The US president had earlier threatened to block trade deals with both countries unless they ended a deadly border clash.

Some analysts say ceasefire remains tenuous, and may not last if the Thai government fails to secure lower US tariffs.

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

It's been a fraught process for many countries - with little detail about what exactly has been agreed.

The US president had earlier threatened to block trade deals with both countries unless they ended a deadly border clash.

Malaysia’s trade ministry said the tariff rate was a ‘positive outcome,’ achieved without compromising on the nation’s key policies.