Reported about 15 hours ago
Thailand is making efforts to avert a proposed 36% export tariff by offering enhanced market access for U.S. agricultural and industrial goods, along with increased purchases of energy and Boeing aircraft. The Finance Minister aims to significantly reduce Thailand's $46 billion trade surplus with the U.S. and propose new terms before a tariff deadline of July 9. These changes follow discussions with U.S. trade officials, as Thailand looks to stabilize its trade-dependent economy amid domestic challenges and avoid falling behind other nations in securing favorable trade agreements.
Source: YAHOO