BUSINESS

US tariffs expected to dent Thai GDP

Business, Nareerat Wiriyapong, Published on 02/04/2025

» The reciprocal tariffs expected to be announced by US President Donald Trump Wednesday could shrink Thai GDP by as much as 1.2 percentage points from a forecast of 2.5%, with the Bank of Thailand's one projected interest rate cut doing very little to shore up the economy, says InnovestX Securities.