By AFP and published by CNA Turnberry, United Kingdom – The United States and European Union on Sunday (July 27) clinched what President Donald Trump described as the “biggest-ever” deal to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war. Trump emerged from a high-stakes meeting with European Commission
Tag: tariff
Trump strikes tariff deal with Japan, auto stocks surge
By Reuters and published by Yahoo!News Washington/Tokyo – US President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo punishing new levies on other goods in exchange for a $550 billion package of US-bound investment and loans. It is the most significant of a clutch of
Read moreUS mum on Thailand’s latest tariff proposal
By TV Channel 7 and Reuters – published by Yahoo!News THE US has not yet responded to Thailand’s latest proposal on slashing the levy on tens of thousands of US goods to 0% in an attempt to avert a punitive 36% tariff on Thai exports, TV Channel 7 said this evening (July 21). Deputy
Read moreReview 2026 budget as Thailand is facing full 36% tariff hike: Korn
FORMER finance minister Korn Chatikavanij said in a Facebook post early this morning (July 8) that the national budget for fiscal 2026 should be reviewed as Thailand is now facing worst possible US tariff increase of 36% from August 1 as announced by US President Donald Trump a few hours earlier, Naewna newspaper said.
Read moreTrump says US struck trade deal with Vietnam
By Reuters and published by CNA Washington – United States President Donald Trump said on Wednesday (July 2) that the US has struck a trade deal with Vietnam, after months of negotiations, that imposes a 20 percent tariff rate on many imports from the Southeast Asian country. The rate is lower than the initial
Read moreFormer finance minister warns against borrowing 500bn baht to stimulate the economy
AMID a move to borrow 500 billion baht to stimulate the economy in face of US tariff crisis, a former finance minister warned the government to stop selling dreams of turning a crisis into an opportunity, Naewna newspaper said today (Apr. 29). Mr. Thirachai Phuvanatnaranubala, former finance minister and deputy leader of Palang Pracharath
Read morePhutham denies Uyghurs issue led to him skipping trip to US
DEPUTY Prime Minister/Defence Minister Phumtham Wechayachai denied he is not part of the team still to visit US for the postponed tariff talks due to Thailand having deported 40 Uyghurs back to China stating that he has not received a letter banning his entry, Amarin TV said today (Apr. 23). Asked about Foreign Minister
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