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Commerce ministry and private sector to discuss U.S' measures against Thai exports


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Commerce ministry and private sector to discuss U.S' measures against Thai exports

 

BANGKOK, 14 April 2017 (NNT) - The Ministry of Commerce will meet with the private sector on the U.S.’ policy to reduce a trade deficit with Thailand. They will assess the situation and discuss the possible effects on the country. 

Minister of Commerce Apiradi Tantraporn said there will be more clarity on the U.S.’ measures against 16 countries which have a trade surplus with the U.S. after the U.S. vice president meets with a deputy prime minister of Japan on 18 April 2017. The ministry will closely monitor the situation and will meet with the private sector, especially major exporters to the U.S., on the matter after the Songkran festival, said the minister. 

Two of more than 1,000 Thai exports in the U.S.’ Generalized System of Preferences (GSP), including travel accessories and air-conditioner parts, will likely be removed from the list after the GSP for them expires in December this year. 

Thailand will ask the U.S. to extend the GSP for the two products, said Mrs. Apiradi.

 

 
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-- nnt 2017-04-14
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2 minutes ago, yellowboat said:

Why doesn't Thailand just lower some of its ridiculous tariffs ?  Always asking for a favor based on the 180 year relationship. 

Maybe b/c Thai mentality is monopoly based. Competition is not allowed.

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Sorry I dont get it. In the 1980's the US and UK made the strategic move to outsource jobs to countries like China and Thailand to lower production cost and to enable them to import cheap products to fuel their comsumption based economies. Now that they are hitting the debt ceiling and the consumption economic model is proven faulty they want to penalise countries that produce cheap imported products.  These countries only produce cheap products because the developed countries transfered the technology to them to do so, like Japan with motors and Iphone from China. All the protection Thailand have over imports such as cars and wine is within the WTO rules, what Trump is doing is not within WTO rules. Just another example of where the US believes it is above the law. 

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13 minutes ago, SOUTHERNSTAR said:

Sorry I dont get it. In the 1980's the US and UK made the strategic move to outsource jobs to countries like China and Thailand to lower production cost and to enable them to import cheap products to fuel their comsumption based economies. Now that they are hitting the debt ceiling and the consumption economic model is proven faulty they want to penalise countries that produce cheap imported products.  These countries only produce cheap products because the developed countries transfered the technology to them to do so, like Japan with motors and Iphone from China. All the protection Thailand have over imports such as cars and wine is within the WTO rules, what Trump is doing is not within WTO rules. Just another example of where the US believes it is above the law. 

The US and UK didn't make strategic moves to outsource jobs.  US and UK corporations did.  I was part of that in several different companies.  It had nothing to do with the government.

 

It's about balance of payments.  China has abused this in a variety of ways.  Easy for them to do this as the government runs these industries.  That's not the case in the US and UK, luckily.

 

Research the claims the US has filed against China.  There are many.  The US is not above the law.  Please don't say that.

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2 hours ago, SOUTHERNSTAR said:

Sorry I dont get it. In the 1980's the US and UK made the strategic move to outsource jobs to countries like China and Thailand to lower production cost and to enable them to import cheap products to fuel their comsumption based economies. Now that they are hitting the debt ceiling and the consumption economic model is proven faulty they want to penalise countries that produce cheap imported products.  These countries only produce cheap products because the developed countries transfered the technology to them to do so, like Japan with motors and Iphone from China. All the protection Thailand have over imports such as cars and wine is within the WTO rules, what Trump is doing is not within WTO rules. Just another example of where the US believes it is above the law. 

U turn is urgently needed

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4 hours ago, craigt3365 said:

The US and UK didn't make strategic moves to outsource jobs.  US and UK corporations did.  I was part of that in several different companies.  It had nothing to do with the government.

 

It's about balance of payments.  China has abused this in a variety of ways.  Easy for them to do this as the government runs these industries.  That's not the case in the US and UK, luckily.

 

Research the claims the US has filed against China.  There are many.  The US is not above the law.  Please don't say that.

The Liar in Chief thinks he is above the law.... oh wait maybe he thinks he IS the law. ????? Oh how I detest him. 

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