04-April-2025
Economy News
 
Thailand May Lose up to $8 Billion From Potential US Tariffs, Says Official
03-Apr-2025

Thailand could suffer a $7 billion to $8 billion export loss from potential U.S. tariffs if the U.S. administration were to even up levies between the two countries, but it has a strategy for trade negotiations, senior officials said on Wednesday. Thai semiconductor exports may face tariffs of 25% from the United States, top commerce ministry official Vuttikrai Leewiraphan said ahead of U.S. President Donald Trump's planned announcement of new trade barriers.

News Source:- https://money.usnews.com/investing/news/articles/2025-04-01/thailand-may-see-hit-of-up-to-8-billion-from-u-s-tariffs-says-official