Thailand, Tariff and Trade Proposal
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Trump, tariff
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Thaksin Shinawatra, the de facto leader of Thailand’s ruling party, is taking a more proactive role in shaping the country’s response to deal with the fallout of President Donald Trump’s threat to impose a steep 36% tariff on its exports to the US.
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,
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.
SINGAPORE] Malaysia and Thailand are the economies in Asean that are set to take the biggest hits from tariffs announced by US President Donald Trump on Monday (Jul 7), according to analysts. Read more at The Business Times.
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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.
As the end of the pause of what US President Donald Trump calls "reciprocal" tariffs is looming, businesses in Thailand are bracing for it. If the pause ends, Thailand will be slapped with 36 percent levies as Trump initially announced.
Thailand’s tariff negotiations with the US are likely to take place virtually as President Donald Trump’s self-imposed July 9 deadline nears, according to the Department of Trade Negotiations.
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