The reason is, China has said anyone that negotiates with Trump on the tariff talks will be held accountable!
Thailand is just a China puppet. This pretty much proves it. Something everyone knew really.
So, what does it mean is the question? Thailands tariff's will be held in place from now on at 36%?
Thailand will loose access to the US market?
This is heating up to be a real live tariff war, this is going to get ugly, and show who supports who.
You retiree's are on pretty shaky ground. If it gets as bad as I think it will. The Thai's will start loosing Jobs, factories laying off workers by the thousands. China cannot support them , they cannot support their own people now. So far as consumption goes.
Personally I would have an exit strategy ready just in case.