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Search Result for “trade surplus”

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THAILAND

Thais will not slash all tariffs on US goods

News, Published on 18/07/2025

» Thailand will not agree to reduce tariffs to zero on all US goods in ongoing trade talks, as such a move could significantly impact domestic producers and strategic industries, Deputy Finance Minister Paopoom Rojanasakul said.

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GENERAL

Thailand to offer ‘no tariffs on 90% of US goods’

Published on 17/07/2025

» Thailand is ready to offer scrapping tariffs on 90% of US goods, up from 60% in an earlier proposal, in a bid to avert a punishing 36% levy threatened by President Donald Trump, according to a business group advising Thai negotiators.

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GENERAL

Thailand makes fresh proposals to reduce US tariff pain

Published on 16/07/2025

» Thai officials were preparing to present fresh proposals to their US counterparts in trade talks scheduled for Wednesday night Thailand time, the latest effort by the country to avoid a 36% tariff threatened by President Donald Trump.

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GENERAL

Indonesian shoemakers fear Trump tariffs despite lower levy

AFP, Published on 16/07/2025

» BANDUNG — At a leather boot shop in the Indonesian city of Bandung, workers handle an order from Texas but owner Etnawati Melani says she fears such business will dwindle when Donald Trump's tariffs hit exports.

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GENERAL

Thailand mulls zero duty for more US goods to win tariff deal

Published on 14/07/2025

» Thailand is weighing allowing zero-duty market access for more US goods to help persuade the Trump administration to lower a threatened 36% tariff on its exports.

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OPINION

Thaksin's role in tariff talks raises questions

Oped, Veera Prateepchaikul, Published on 14/07/2025

» 'I have to do something for the country. Regarding the economic situation today, if I do not poke my nose in, then who will?" so said former prime minister Thaksin Shinawatra on Thursday during a media forum.

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THAILAND

Thaksin joins Thai ministers in fine-tuning response to Trump tariff threat

Published on 11/07/2025

» Thaksin Shinawatra, the de facto leader of Thailand’s ruling Pheu Thai Party, is taking a more proactive role in shaping the country’s response to deal with the fallout of President Donald Trump’s threat to impose a steep 36% tariff on its exports to the US.

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GENERAL

Tariffs part of power struggle

Business, Wichit Chantanusornsiri, Published on 11/07/2025

» Thailand is caught in a power struggle between global superpowers, with each wanting the nation to take sides by using tariff measures as leverage, says a government official.

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WORLD

Trump’s pick for Singapore envoy chided for lack of knowledge

Published on 10/07/2025

» WASHINGTON - US President Donald Trump’s pick to serve as US ambassador to Singapore had a contentious Senate confirmation hearing in which he struggled to answer inquiries about the city-state and its ties to Washington.

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OPINION

The two ways to satisfy Trump on trade

Oped, Chartchai Parasuk, Published on 10/07/2025

» I am terribly sorry for miscalculating the US's reciprocal tariff for Thailand at 35% in my previous article, when the actual rate imposed by Mr Trump on Monday was 36%.