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Search Result for “Treasury”

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BUSINESS

US to stop collecting tariffs ruled illegal by Supreme Court

Reuters, Published on 23/02/2026

» WASHINGTON  - The US Customs ​and Border Protection agency said ‌it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12.01am EST (12.01pm Thai time) on Tuesday, after the US ​Supreme Court ⁠declared the duties illegal.

BUSINESS

Trump boosts new tariff rate to 15% a day after announcing 10%

Bloomberg News, Published on 22/02/2026

» President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.

BUSINESS

Asian economies weigh latest Trump tariff moves

Published on 21/02/2026

» HONG KONG - US trading partners in Asia started weighing fresh uncertainties on Saturday ​after President Donald Trump vowed to impose a new tariff on ‌imports, hours after the Supreme Court struck down many of the sweeping levies he used to launch a global trade war.

WORLD

Trump moves to Plan B on tariffs

Published on 21/02/2026

» US President Donald Trump has imposed a 10% global tariff on foreign goods, moving quickly to preserve his trade agenda after the US Supreme Court struck down many of the levies he imposed last year.

BUSINESS

US Supreme Court strikes down Trump’s tariffs

Published on 20/02/2026

» WASHINGTON - The US Supreme Court on Friday struck down the sweeping tariffs that President Donald Trump has pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions ​of his authority in a ruling with major implications for the global economy.

OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

Could a Brics currency rival the dollar?

Oped, Published on 18/02/2026

» Could the Brics (Brazil, Russia, India, China, South Africa) ever launch a shared currency to challenge the US dollar's dominant position in the world economy? Like many conventional international economists, I have generally dismissed the idea, despite my own role in coining the Brics acronym, which led to the creation of a formal Brics club (since expanded into the Brics+, with the addition of five new members).

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Gulf Development increases Kasikornbank stake to 10%

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» A move by Gulf Development Plc (GULF) to raise its shareholding in Kasikornbank (KBank) to 10% is seen as a calculated effort to balance financial optimisation with long-term strategic positioning, while carefully navigating regulatory constraints, analysts say.

BUSINESS

Asian shares retreat ahead of Lunar New Year break

Business, Published on 14/02/2026

» RECAP: Asian equities pulled back from record highs on Friday as traders locked in gains and pared positions ahead of a week-long holiday in Chinese markets. Wall Street risk appetite ebbed as traders started to look at AI-related impacts on the broader economy.