Thailand, Tariff
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Trump, tariff
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Thailand is preparing more than 40 billion baht ($1.22 billion) in measures to mitigate the impact of U.S. tariffs, a deputy finance minister said on Wednesday. The central bank should also ease monetary policy further,
America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.
To avoid steep U.S. tariffs, Thailand aims to cut its trade surplus with the U.S. by 70% in five years, seeking balanced trade within eight. Finance Minister Pichai Chunhavajira targets a tariff rate of 10% to 20%,
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Bangkok Post on MSNThailand expects tariff deal before deadlineThe head of the Thai Chamber of Commerce believes Thailand will finalise a tariff deal with the United States prior to next week’s deadline.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
US President Donald Trump's announcement of a 36% tariff on Thai imports has sent shockwaves through Thailand's export sector, prompting urgent calls for government intervention to protect the country
Trumps new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
Nintendo lists Cambodia as one of its main manufacturing sites while Apple appears to use two contract manufacturers with factories in Thailand.