Analyzing the Trade-offs in Tariff Structures
The announcement of a 19% reciprocal tariff by the US on Thai goods presents both challenges and opportunities for Thailand’s economy. While this rate aligns with regional averages, it also…
Thailand Nears Agreement with US to Reduce 36% Import Tariff
Thailand is nearing a deal with the United States to reduce a looming 36% import tariff on its exports, with an expected announcement before the tariff takes effect on August…
Thailand Will Not Eliminate All Tariffs on US Goods
Thailand will not agree to eliminate all tariffs on US goods during ongoing trade negotiations, as such a move could adversely affect domestic industries and strategic sectors, according to Deputy…
Thailand and Vietnam Navigate US Tariff Negotiations: Opportunities and Challenges for Southeast Asia
The Thai business sector remains optimistic about tariff negotiations with the US, especially after Vietnam secured a 20% tariff rate on shipments and a waiver for some US imports. Thailand,…
Likely Impact of Tariffs Expected in Q3
Deputy Finance Minister Julapun Amornvivat stated that the full effects of US President Donald Trump’s tariffs on Thailand’s economy are expected to be clearer in the third quarter. In the…
Pundit Claims China Will Benefit from Tariff Decision
According to Sompop Manarungsan, president of the Panyapiwat Institute of Management, U.S. President Donald Trump’s tariff policy may ultimately strengthen China and signal a trend of relocating manufacturing bases from…
Asian Markets Decline Amid Looming 104% Tariff on Chinese Imports by Trump
Asian markets are experiencing significant declines as the proposed 104% tariff on Chinese imports by President Trump sends shockwaves through global economies. Investors are preparing for increased volatility, concerned about…
Trump’s Tariffs Threaten Samui’s Economic Boom
The Tourism Authority of Thailand (TAT) is closely observing the US market for any consequences arising from the new US tariff policy, as tourism operators in Samui express concerns that…
Market panic deepens as world scrambles to temper Trump tariffs
Asian markets experienced a dramatic decline on Monday as U.S. futures indicated significant losses on Wall Street due to Donald Trump’s severe tariffs, even as countries sought to negotiate with…
US Tariffs Projected to Cost Thai Economy B360 Billion
Reciprocal tariffs imposed by the United States could lead to economic losses of approximately 359 billion baht for Thailand, resulting in a nearly 2% reduction in gross domestic product (GDP),…