US tariffs
- Business News
Thai car exports threatened by Trump’s 25% US tariff plan
The Thai automotive industry faces potential challenges if US President Donald Trump proceeds with his plan to impose tariffs on car imports, according to the Federation of Thai Industries (FTI). Last month, Trump revealed plans to implement a 25% tariff on autos starting April 2, though tariffs on imports from Canada and Mexico have been delayed for a month following…
- Thailand News
Thai shippers warn of slow govt response to Trump’s trade policies
The Thai National Shippers’ Council (TNSC) has raised concerns over the government’s sluggish response to potential trade penalties under the policy of U.S. President Donald Trump, warning that delays could result in heavy tariffs on Thai exports. TNSC Chairman Chaichan Charoensuk stated that the government has made little progress in preparing for the so-called Trump 2.0 trade measures. Trump previously…
- Business News
Trump’s metal meltdown: Steel yourself for the latest tariff tiff
Donald Trump announced his intention to impose a steep 25% tariff on all steel and aluminium imports into the United States, a move that promises to heat up trade tensions and could potentially throw a spanner in the works for America’s key trading relationships. Chatting with reporters aboard Air Force One yesterday, February 9, the US president confirmed that these…
- Business News
Tariff-ied: Thai exporters brace for US trade heat
Thai exporters could soon find themselves in hot water, facing increased tariffs from the United States. The Government of Thailand might also be compelled to import more American goods to balance out its trade surplus, warns Burin Adulwattana, the Managing Director and Chief Economist at Kasikorn Research Centre (K-Research). Burin shared that K-Research hasn’t yet drilled down into the possible…
