Trump doubles India tariffs to 50% over Russian oil purchases
By Agencies and published by CNA Washington – US President Donald Trump on Wednesday (Aug. 6) ordered an additional 25 percent tariff on goods from India for its purchases of Russian oil. The tariff, set to take effect in three weeks, comes on top of a separate 25 percent duty entering into force on […]
Read More19% tariff for both Thailand and Cambodia shows US more focused on mutual benefit: Korn
FORMER finance minister Korn Chatikavanij said in a Facebook post today (Aug. 1) that US tariff of 19 percent for both Thailand and Cambodia shows that the superpower is not distinguishing between right and wrong and clearly in this era friendship is not as important as mutual benefit, TV Channel 7 said. US President […]
Read MoreTrump unveils new tariffs for dozens of trading partners
By Agencies and published by CNA NEW US tariffs on a wide swath of America’s trading partners will now go into effect on Aug. 7 after President Donald Trump signed an executive order on Thursday (July 31) modifying the rates for many economies. The order capped off a hectic day as nations sought to […]
Read MoreUS says it won’t rush trade deals ahead of August deadline, will engage China
By Reuters and published by CNA Washington – The Trump administration is prioritising the quality of trade agreements over meeting a looming deadline, US Treasury Secretary Scott Bessent said on Monday (July 21), as countries scramble to avoid steep new tariffs set to take effect on Aug. 1. “We’re not going to rush for […]
Read MoreThailand offers to slash tariff to 0% on large number of US goods
AMID ONGOING negotiation with the US on reducing the punitive 36% tariff on Thais exports looming on August 1 the Thai team last night (July 16) offered to slash the levy on tens of thousands of US goods to 0%, Thai Rath newspaper said. Commerce Minister Jatuporn Buruspat said the Thai team, led by […]
Read MoreFocus on self-development if 0% tariff not accepted: Korn
FORMER finance minister Korn Chatikavanij said in a Facebook post today (July 16) that a strategy for self-development is most important for Thailand should the country not accept 0% tariff on US goods, Naewna newspaper said. As announced by US President Donald Trump today the deal with Indonesia is similar to the one struck […]
Read MoreAcademic urges Thais to watch Trump tariff negotiation
THAIS should watch three key issues surrounding the negotiation on 36 percent tariff US President Donald Trump is imposing on exports from the country and should demand transparent disclosure of any agreement reached, Naewna quoted an academic as saying today (July 13). Dr. Suriyasai Katasila, dean of Rangsit University’s College of Social Innovation, said […]
Read MoreTrump intensifies trade war with threat of 30% tariffs on EU, Mexico
By Reuters and published by Yahoo!News Washington/Mexico City – US President Donald Trump on Saturday (July 12) threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major US trading partners failed to reach a comprehensive trade deal. In an […]
Read MoreTrump puts 35% tariff on Canada, eyes 15%-20% tariffs for others
By Reuters and published by CNA Washington – US President Donald Trump said on Thursday (July 10) the United States would impose a 35 percent tariff on imports from Canada next month and planned to impose blanket tariffs of 15 percent or 20 percent on most other trade partners. In a letter released on […]
Read MoreTrump’s letter is a business negotiation tactic: Thaksin
DE FACTO Pheu Thai boss Thaksin Shinawatra said late last night (July 9) that the letter US President Donald Trump sent to Thailand on Monday (July 7) setting August 1 as the new deadline to conclude a deal on 36 percent tariff he is imposing on the country is a business negotiation tactic, Amarin […]
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