
Move seen as attempt to avoid looming 36% tariffs under a potential Trump return
In a bid to avert sweeping new tariffs, Thailand has offered to eliminate import duties on 90 percent of American goods, according to senior government advisers.
The proposal comes amid escalating trade tensions, with Thai officials warning that the proposed 36% tariff on Thai exports by former President Donald Trump could severely disrupt key economic sectors.
The proposal comes amid escalating trade tensions, with Thai officials warning that the proposed 36% tariff on Thai exports by former President Donald Trump could severely disrupt key economic sectors.