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Thai Chamber of Commerce Warns of US Trade Threat, Urges Swift Government Action
File photo for reference only Facing growing uncertainty over US trade policies, the Thai Chamber of Commerce has called on the government to act decisively to avoid potential tariffs from the Trump administration. At a press conference on March 6, the chamber proposed the creation of a "war room" to manage the situation and mitigate any repercussions of US trade measures. The sense of urgency is heightened by the United States being Thailand's largest export market, constituting 18.3% of total exports in the previous year. With a trade surplus of $35.4 billion, the chamber emphasizes the importance of rebalancing trade relations to prevent detrimental outcomes. Chamber vice chair Poj Aramwattananont expressed the pressing need for Thailand to review its import duty structure on US goods and to bolster imports from the US, particularly in energy, agriculture, and aircraft sectors. This strategy aims to decrease the trade surplus and align more closely with US interests amidst ongoing global trade tensions. The actions come as a response to President Donald Trump's broad trade memorandum, which mandates federal reviews of trade deficits. With the deadline for these reviews looming on April 1, swift and strategic responses from Thailand are crucial. The Chamber has also suggested forming a special working group dedicated to addressing these trade issues. As Thailand navigates these waters, the proposed measures reflect an intention to maintain favourable trade relations with the US while safeguarding national economic interests. The development of such a strategy is intended to ensure that trade relations remain fair and beneficial to both nations, reported The Thaiger. -- 2025-03-06 -
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President Zelensky sees the light?
1) The US has had the world's largest economy since the 1800s. 2) The US paid to rebuild Europe after WW2 3) Europe is dumb and lazy and can't even defend themselves aginst Russia. -
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Thai tax tangle: Expats warned of new rules on overseas income
Pay them loads of money to find out. -
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Condo in Nana Area Used for Illegal Rentals and Prostitution, MP Says
Oh dear, what a shocker! -
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US Halts Military Aid to Ukraine Amid Push for Peace Talks
Stupid question, and the rest of that diatribe is based on schoolboy wording.......🙄 -
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What excites you the most about Thailand?
The heat melts snowflakes. I thrive in it. Was just down the beach surrounded by g-stringed Russian lovelies. Tonight will be surrounded by g-string topless Thais In Patong. the thread is about the positives, not about you not coping well.- 1
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