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),…
Manufacturers Express Concern Over Increased Tariffs
Thai manufacturers are set to attend an urgent meeting convened by the Federation of Thai Industries (FTI) today to explore strategies to address the US’s reciprocal tariffs of 37% on…
Paetongtarn Announces Thailand’s Intent to Negotiate Tariffs with the US
Thailand will engage in tariff negotiations with the United States, Prime Minister Paetongtarn Shinawatra announced on Thursday, shortly after US President Donald Trump revealed significant tariffs on US imports. “We…
Auto Industry Shaken by Trump’s 25% Tariffs
U.S. automakers and their international counterparts are grappling with the implications of President Donald Trump’s announcement to impose a 25% tariff on all vehicles and numerous foreign-made auto parts imported…
Trump’s Auto Tariffs Approaching, Yet Not All Levies Will Be Imposed on April 2, Boosting Stock Prices.
On Monday, U.S. President Donald Trump announced that automobile tariffs are imminent, although he indicated that not all of the proposed levies would be implemented on April 2, and certain…