Trump, tariff and countries
Digest more
Thaksin Shinawatra, the de facto leader of Thailand’s ruling 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.
The primary objective of the talk was to strategise how to address Washington’s confirmed tariff hike. Read more at straitstimes.com. Read more at straitstimes.com.
1h
India Today on MSNUS Secretary of State sees ‘high probability' of Trump-Xi meet amid trade tensionsUS Secretary of State Marco Rubio's comments followed a nearly hour-long meeting with Chinese Foreign Minister Wang Yi, the first in-person talks between the two officials since Rubio took office in January.
Nintendo lists Cambodia as one of its main manufacturing sites while Apple appears to use two contract manufacturers with factories in Thailand.
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
Thailand remains optimistic about securing a lower tariff rate than the 36% levy announced by President Donald Trump based on an offer to bring down import tax on most US goods to zero, according to Finance Minister Pichai Chunhavajira.
Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
23h
NDTV Profit on MSNTrump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, OthersTrump announced a 20% levy on the Phillippines, as per his latest Truth Social post. Laos: 40%. Myanmar: 40%. Thailand: 36%. Cambodia: 36%. Bangladesh: 35%. Serbia: 35%.