EU, US strike biggest trade deal
By AFP and published by CNA Turnberry, United Kingdom – The United States and European Union on Sunday (July 27) clinched what President Donald Trump described as the “biggest-ever” deal to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war. Trump emerged from a high-stakes meeting with European Commission […]
Read MoreChina warns countries against striking trade deals with US
By AFP and Reuters – published by Dw.com CHINA on Monday (Apr. 21) threatened countermeasures against countries that “appease” the United States by striking trade deals with Washington at Beijing’s expense. The warning follows a Bloomberg report that the US plans to pressure nations to curb trade with China if they want to avoid […]
Read MoreThai SMEs being hit by Chinese products flooding the market
THE US-CHINA trade war that has led to tariffs skyrocketing might soon turn into an economic storm for Thai people if Chinese products flood the market which could then lead to Thai SMEs being squeezed to the point of shutting down, Thai Rath newspaper said today (Apr. 17). China raised its duties on imports […]
Read MoreChina hits back at Trump tariff hike, raises duties on US goods to 125%
By Reuters and published by USA Today Beijing/Warsaw/Washington- Beijing on Friday (Apr.11) increased its tariffs on US imports to 125%, hitting back against US President Donald Trump’s decision to hike duties on Chinese goods to 145% and raising the stakes in a trade war that threatens to up-end global supply chains. Meanwhile, the turmoil […]
Read MoreChina denounces as ‘blackmail’ Trump’s threat to ratchet tariffs by a further 50%
By Agencies and published by CNA Beijing – China decried as “blackmail” on Tuesday (Apr. 8) US President Donald Trump’s threat to add a further tariff of 50 percent on its goods, after he demanded that Beijing withdraw its plans for counter-tariffs. If neither side blinks and Trump sticks to his plans, total new […]
Read MoreTrump announces 10% tariff on all imports, with higher rates for some trading partners
By AFP and published by CNA Washington – US President Donald Trump on Wednesday (Apr. 2) unveiled a raft of punishing tariffs targeting countries around the world including some of its closest trading partners, in a move that risks sparking a ruinous trade war. Thailand has been hit with a 36 percent reciprocal tariff. Speaking […]
Read MoreAsian countries in the crosshairs of Trump tariffs
By Reuters and published by Yahoo!Finance and Naewna newspaper AS US President Donald Trump’s new trade tariffs on China, Mexico and Canada kick off, sparking another trade war, countries in Asia’s complex and integrated global supply chain are in the crosshairs. The following graphics illustrate Asia’s exposure to US tariffs on China and the […]
Read MoreThailand and Trip.com to jointly launch package to boost tourism
PRIME Minister Paetongtarn Shinawatra held talks with executives of Trip.com while attending a tourism trade fair in Berlin, Germany, with an agreement reached to jointly launch a package to stimulate tourism during the current Amazing Thailand Grand Tourism and Sports Year 2025, Naewna newspaper said this evening (March 6). Aside from jointly launching a […]
Read MoreChina counters with tariffs on US products. It will also investigate Google
By AP and published by Yahoo!News Beijing – China countered US President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select US imports today (Feb. 4), as well as announcing an antitrust investigation into Google and other trade measures. US tariffs on products from Canada and Mexico were also set to go […]
Read MoreFighter purchase deal to be done under ‘offset policy’: PM
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (July 16) reconfirmed that a fighter purchase deal between Thailand and a manufacturing country would likely be done on the basis of an “offset policy.” In a press conference at Government House, the Pheu Thai-attached prime minister reiterated that the air force’s sought-after squadron of […]
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