By Thai Newsroom Reporters JUSTICE MINISTER Rutthapol Naowarat today (June 23) expressed his personal scepticism that a sum of 28 million baht in cash earlier supposedly earned by People’s MP Pawoot Pongvitayapanu from trading gold online may have carried no decimal points at all. The Bhumjaithai-attached justice minister was responding to Pawoot’s statement earlier
Tag: trade
US and China seek to repair damage from tariff war that sent trade into a freefall
By AP and shared by Yahoo!News WASHINGTON – During a tumultuous 2025, the United States and China proved how much they could hurt each other in a trade war. Now Presidents Donald Trump and Xi Jinping are meeting in Beijing to repair some of the damage. A decade of conflict between the world’s two
Read moreAfter court ruling, Trump says US global tariff rate will rise from 10% to 15%
By Reuters and published by Yahoo!News WASHINGTON – US President Donald Trump said on Saturday (Feb. 21) he will raise a temporary tariff from 10% to 15% on US imports from all countries, the maximum level allowed under the law, after the US Supreme Court struck down his previous tariff programme. The move came
Read moreBorder trade slowdown expected to drag on this year
A SURVEY shows that border trade will likely continue slowing down this year being impacted by the tension at Thai-Cambodian border and higher transportation costs with over 80 billion baht lost over the last six months,PPTVHD26 said today (Jan. 28). The survey on Thailand’s Foreign Border Trade Sentiment Index (FBI) for 2026 conducted by
Read moreFlare-up in US-China trade tensions poses a big risk to Thailand’s growth, deputy central bank governor says
By Karin Strohecker, Reuters, and published by Yahoo!News Washington- The fresh flare-up in trade tensions between the United States and China is a big risk to the outlook for Thailand’s economic growth, the country’s deputy central bank governor said, adding there was little room left to lower rates further. US President Donald Trump on
Read moreEU, US strike biggest trade deal
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
Read moreChina warns countries against striking trade deals with US
By AFP and Reuters – published by Dw.com CHINA on Monday (Apr. 21) threatened countermeasures against countries that “appease” the United States by striking trade deals with Washington at Beijing’s expense. The warning follows a Bloomberg report that the US plans to pressure nations to curb trade with China if they want to avoid
Read moreThai SMEs being hit by Chinese products flooding the market
THE US-CHINA trade war that has led to tariffs skyrocketing might soon turn into an economic storm for Thai people if Chinese products flood the market which could then lead to Thai SMEs being squeezed to the point of shutting down, Thai Rath newspaper said today (Apr. 17). China raised its duties on imports
Read moreChina hits back at Trump tariff hike, raises duties on US goods to 125%
By Reuters and published by USA Today Beijing/Warsaw/Washington- Beijing on Friday (Apr.11) increased its tariffs on US imports to 125%, hitting back against US President Donald Trump’s decision to hike duties on Chinese goods to 145% and raising the stakes in a trade war that threatens to up-end global supply chains. Meanwhile, the turmoil
Read moreChina denounces as ‘blackmail’ Trump’s threat to ratchet tariffs by a further 50%
By Agencies and published by CNA Beijing – China decried as “blackmail” on Tuesday (Apr. 8) US President Donald Trump’s threat to add a further tariff of 50 percent on its goods, after he demanded that Beijing withdraw its plans for counter-tariffs. If neither side blinks and Trump sticks to his plans, total new
Read moreTrump announces 10% tariff on all imports, with higher rates for some trading partners
By AFP and published by CNA Washington – US President Donald Trump on Wednesday (Apr. 2) unveiled a raft of punishing tariffs targeting countries around the world including some of its closest trading partners, in a move that risks sparking a ruinous trade war. Thailand has been hit with a 36 percent reciprocal tariff. Speaking
Read moreAsian countries in the crosshairs of Trump tariffs
By Reuters and published by Yahoo!Finance and Naewna newspaper AS US President Donald Trump’s new trade tariffs on China, Mexico and Canada kick off, sparking another trade war, countries in Asia’s complex and integrated global supply chain are in the crosshairs. The following graphics illustrate Asia’s exposure to US tariffs on China and the
Read moreThailand and Trip.com to jointly launch package to boost tourism
PRIME Minister Paetongtarn Shinawatra held talks with executives of Trip.com while attending a tourism trade fair in Berlin, Germany, with an agreement reached to jointly launch a package to stimulate tourism during the current Amazing Thailand Grand Tourism and Sports Year 2025, Naewna newspaper said this evening (March 6). Aside from jointly launching a
Read moreChina counters with tariffs on US products. It will also investigate Google
By AP and published by Yahoo!News Beijing – China countered US President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select US imports today (Feb. 4), as well as announcing an antitrust investigation into Google and other trade measures. US tariffs on products from Canada and Mexico were also set to go
Read moreFighter purchase deal to be done under ‘offset policy’: PM
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (July 16) reconfirmed that a fighter purchase deal between Thailand and a manufacturing country would likely be done on the basis of an “offset policy.” In a press conference at Government House, the Pheu Thai-attached prime minister reiterated that the air force’s sought-after squadron of
Read moreDebt-laden Sri Lanka marks Independence Day with Thai prime minister as guest of honour
By AP and published by Yahoo!News Colombo, Sri Lanka – Thai Prime Minister Srettha Thavisin was the guest of honour at Sri Lanka’s 76th Independence Day celebrations on Sunday (Feb. 4), as the island nation struggles to emerge from its worst economic crisis. Srettha joined Sri Lankan President Ranil Wickremesinghe at a low-key ceremony
Read moreNarumon tipped to be named another Trade Representative
By Thai Newsroom Reporters AN OUTSPOKEN NARUMON PINYOSINWAT will likely be named another Thailand Trade Representative very shortly, government sources said today (Oct.2). The former deputy labour minister and former government spokeswoman is largely speculated to join Nalinee Taveesin who has already been named Thailand Trade Representative by Prime Minister Srettha Thavisin. Nalinee had
Read moreMae Sai-Tachileik cross-border trade to reach 10bn baht a year
MYANMAR people are queuing up to visit Mae Sai in Chaing Rai province from Tachileik in Shan state with the reopening of First Friendship Bridge yesterday (Feb 20) and it is expected that the cross-border trade and tourism will generate 10 billion baht a year, Naewna newspaper said today. Ms. Phakaimas Viera, president of
Read moreKorat gold shops quiet amid sluggish demand this Chinese New Year
DESPITE CHINESE New Year usually heralding a bounce in trade of gold jewellery with people buying precious ornaments for their loved ones, this time round demand is low in Nakhon Ratchasima, or Korat, leading to gold shops remaining rather quiet, INN News said today (Jan. 21). At this northeastern city’s economic centre stretching along
Read moreRussia expects trade with China to reach $200 billion by 2024 – report
By Reuters and published by Channel NewsAsia RUSSIA said on Saturday (Apr. 30) it expected commodity flows with China to grow and trade with Beijing to reach $200 billion by 2024, as Moscow faces mounting isolation from the West. China has refused to condemn Russia’s actions in Ukraine and has criticised the unprecedented Western
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