Washington: US President Donald Trump has announced a significant 36% tax on imports from Thailand, effective August 1, 2025. The announcement was made through a letter posted on Truth Social, where Trump confirmed the imposition of the tariff while leaving room for negotiations if Thailand agrees to lift its tariffs
Bangkok: The investor confidence index has been adjusted down to the ‘sluggish’ level due to pressure from the Thai political situation and international conflicts. Investors are hoping that the Fed’s policies and economic stimulus measures will help …
Bangkok: Plastic industry group ready to cooperate with government to find a solution to the 36% tax, worried about order cancellations. Mr. Thititham Pongpanangam, Chairman of the Plastics Industry Club, Federation of Thai Industries (FTI), stated that the impact of the United States’ decision to impose a 36% tax on
Bangkok: Thai stocks experienced volatility after the announcement that the United States would maintain a 36% retaliatory tariff on Thai goods, effective August 1. Analysts suggest that this move by the US may be a strategy to pressure Thailand into …
Bangkok: The Federation of Thai Industries (FTI) pointed out that the 36% tax rate is higher than Malaysia and Vietnam, reflecting that Thailand is at a competitive disadvantage. It estimates the damage to the value of Thai exports at 800-900 billion baht. It believes that the additional proposals that Thailand
Bangkok: Dr. Kobsak Pootrakool, President of the Federation of Thai Capital Market Organizations (FETCO), is closely monitoring the tariff rates imposed by China and India, following Thailand’s imposition of a 36% tariff, which is notably higher than …
Bangkok: Thailand is grappling with the consequences of a newly imposed 36% import tax by the United States, a development described as the worst outcome of recent negotiations. Former Finance Minister Kornakorn Chatikavanij expressed concerns that this unexpected tax rate, higher than that imposed on Vietnam, signals a significant challenge
Bangkok: Krungsri Securities reports that the United States has sent a letter to maintain a 36% trade tariff on Thailand, among other countries, in an effort to expedite a deal before August 1, 2025. This move highlights the significance the US places…