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Economy Trump Dishes Out 36% Tariffs in Shock Move Against Thailand
Picture courtesy of THai PBS World via AFP In a bold trade manoeuvre, US President Donald Trump has imposed a hefty 36% tariff on Thai imports. This significant levy is part of a sweeping action targeting over twelve countries, with the new tariffs set to take effect on 1st August 2025. Thailand finds itself in the crosshairs as Trump aims to secure more favourable trade conditions for the United States. The broad strategy covers various nations with tariffs ranging from 25% to 40%, depending on the country. The tariffs are as follows: Japan and South Korea: 25% Malaysia, Tunisia, Kazakhstan: 25% South Africa, Bosnia & Herzegovina: 30% Indonesia: 32% Bangladesh, Serbia: 35% Cambodia and Thailand: 36% Laos and Myanmar: 40% Originally introduced in April, these tariffs were paused for 90 days, allowing for negotiations. However, Trump has extended the pause to 1st August through an executive order, granting extra time for affected nations. The pause came into effect after the tariffs were first announced in April and then suspended until July 9th. In recent communications, Trump has issued formal letters to the countries concerned, clearly outlining the looming consequences should they fail to seal a deal before the deadline. The move raises questions about potential impacts on international relations and economic stability. The increased tariffs might lead to higher costs for US consumers, as well as strain on diplomatic ties. As negotiations continue, eyes are on the affected countries to see how they will respond to secure better trade conditions. This latest trade action underscores Trump's aggressive approach to international commerce, as the US seeks to renegotiate terms with key economic partners. Whether the initiative will yield the desired results remains to be seen, with the clock ticking towards the August deadline. Adapted by ASEAN Now from Thai PBS World 2025-07-08 -
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Epstein Coverup Continues
Fat chance of that, given that the absence of a "client list" gets Trump off a rather nasty hook! -
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Traffic Phuket Family of 7 on Bike Sparks Safety Outrage
Fools, with no regards for their children´s safety. It´s called making children without caring for them. Horrible behavior! Sure it is, but you still have to use your brain. Either some will have to stay home, or they got to drive at least 2 times. -
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Texas Floods
‘ Some experts…might have’ : Purely an assumption made by some unnamed experts. Now onto a more factual account. Per ABC news: The National Oceanic and Atmospheric Administration told ABC News that NWS planned for extra staffing at the NWS Austin/San Antonio local office ahead of the event. The local office had five NWS employees working compared to the two that would normally be scheduled. https://abcnews.go.com/Politics/white-house-pushes-back-nws-criticism-texas-flooding/story?id=123544699 🤓🤓🤓
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