DE FACTO Pheu Thai boss Thaksin Shinawatra said late last night (July 9) that the letter US President Donald Trump sent to Thailand on Monday (July 7) setting August 1 as the new deadline to conclude a deal on 36 percent tariff he is imposing on the country is a business negotiation tactic, Amarin
Tag: US
Indonesia signs energy, grain deals with US
By AFP and published by CNA Jakarta – Indonesia’s state oil company and agricultural firms have signed deals to increase their purchases of United States goods, the country’s chief economic minister told AFP on Wednesday (July 9), as Jakarta lays the groundwork to avoid the worst of President Donald Trump’s tariffs. Southeast Asia’s biggest
Read moreThai exports could take $27 billion hit from US tariffs, industry group says
By Reuters and published by CNA THE Federation of Thai Industries on Tuesday (July 8) estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from US tariffs of 36 percent, slated to start in August. Meanwhile, Asian economies prepared on Tuesday to step up
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 moreThailand has submitted latest trade proposal to United States, finance minister says
By Reuters and published by Yahoo!Finance THAILAND has submitted its latest trade proposal to the United States, its finance minister Pichai Chunhavajira said on Monday (July 7), as it tries to head off steep tariffs from its largest export market. Washington has threatened to impose a 36% levy on imports from Thailand if a
Read moreThailand still negotiating Trump tariff
THAILAND is still negotiating the tariff rate US will impose on Thai products while concerned about the outcome and hoping that the hiked rate of 36%, which was paused for 90 days with a 10% rate applied to allow time for negotiation, will be postponed further on July 9, Naewna newspaper said this morning
Read moreEx-Thai foreign minister openly blasts “Jewish money” for subverting US democracy
FORMER Thai foreign minister Kasit Piromya has blasted the role of the “Jewish lobby” and “Jewish money” as a “blatant illustration” of how democracy is being subverted in the United States, and warned about the global threat to human freedom posed by the rising forces of authoritarianism. Now 80 years old, with nothing to
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 moreThe most catastrophic leadership failure in Travel & Tourism history
EXACTLY 30 years ago this November, the International Hotel Association convened for its annual convention in Tel Aviv, Israel. It was truly a Golden Age. Peace talks were under way to end centuries of conflicts in the Holy Land. Hope and optimism were in the air. The Dream Theme was “Peace Promotes Tourism Promotes
Read moreThailand cutting off power, Internet, export of oil and other goods to Cambodia
THAILAND is launching five measures to step up suppression of transnational crime in Cambodia, which was named in a UN report as one of the world’s largest global crime centres, with these including cutting off electricity supply, Internet connection and export of oil and other goods to Cambodia, Naewna newspaper said this afternoon. Speaking
Read moreWorld awaits Iranian response after US hits nuclear sites
By Reuters and published by CNA Istanbul/Washington/Jerusalem – The world braced on Sunday (June 22) for Iran’s response after the US attacked key Iranian nuclear sites, joining Israel in the biggest Western military action against the Islamic Republic since its 1979 revolution. A day after the US sent 30,000-pound bunker-buster bombs crashing into the
Read moreUS pizza chain Little Caesars eyes India expansion with dozens of new stores
By Reuters and published by Yahoo!News US pizza chain Little Caesars is planning to open dozens of stores in India over the coming years aiming to capitalise on the country’s robust economic growth, an executive told Reuters. Little Caesars will open its first Indian store in the Delhi NCR region this month. “India is
Read moreTrump signs proclamation banning travel from 12 countries, including Myanmar
By Agencies and published by CNA Washington – United States President Donald Trump signed a proclamation banning travel from certain countries to “protect Americans from dangerous foreign actors”, the White House said on Wednesday (June 4). The proclamation fully restricts and limits the entry of nationals from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial
Read moreFederal court blocks Trump from imposing sweeping tariffs under emergency powers law
By AP and published by Yahoo!News and BBC Washington – A federal court on Wednesday (May 28) blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised broader fears
Read moreSoutheast Asian nations want to discuss tariffs with Trump as a unified bloc, Malaysia PM says
By AP and published by Yahoo!News Kuala Lumpur, Malaysia – Southeast Asian nations will forge a common front to face challenges including economic headwinds from US tariffs and a four-year civil war in Myanmar, Malaysian Prime Minister Anwar Ibrahim said today (May 26). Opening an annual summit of the Association of Southeast Asian Nations,
Read moreThai officials seize over 200 tons of electronic waste illegally imported from the US
By AP and published by Yahoo!News THAI officials said Wednesday (May 14) they seized 238 tons of illegally imported electronic waste from the United States at Klong Toey port, one of the biggest lots they have found this year. The waste, which came in 10 large containers, was declared as mixed metal scrap but
Read moreUS and China take a step back from sky-high tariffs, agree to pause for 90 days
By AP and published by Yahoo!Finance Geneva – US and Chinese officials said on Monday (May 12) they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes. Stock markets rose sharply as the globe’s
Read moreIndia and Pakistan agree to a ceasefire in US-mediated talks
By AP and published by Yahoo!News INDIA and Pakistan have reached a ceasefire deal following US mediation after they fired volleys of missiles across their borders on Saturday (May 10). It was the most serious increase in hostilities so far in a conflict triggered by a gun massacre last month, which India blames Pakistan
Read moreThaksin will not be meeting Trump as court refuses to let him leave the country
THE CRIMINAL Court on Ratchadapisek road today (May 8) refused to grant permission for de facto Pheu Thai boss Thaksin Shinawatra to travel to Qatar where he would have an opportunity to meet US President Donald Trump, Amarin TV said. Thaksin was accompanied by Foreign Minister Maris Sangiampongsa for the hearing on his request
Read moreTrump says ordering ‘100% tariff’ on all movies produced abroad
By Reuters and published by CNA Washington – US President Donald Trump on Sunday (May 4) announced a 100 percent tariff on movies produced outside the country, saying the American movie industry was dying a “very fast death” due to the incentives that other countries were offering to lure filmmakers. “This is a concerted
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