By Reuters and published by CNA THAILAND could suffer a $7 billion to $8 billion hit from potential US tariffs if the US administration were to even up levies between the two countries, but it has a strategy for trade negotiations, senior officials said today (Apr. 2). Thai semiconductor exports may face tariffs of
Tag: US
Global automakers say Trump’s tariffs will be painful for them and US consumers
By AP and published by Yahoo!Finance Frankfurt, Germany – Whatever domestic economic gain comes from US President Donald Trump’s new 25% tax on imported cars – and experts are sceptical – automakers around the world are bracing for a lot of pain. In Japan, South Korea, Mexico, Canada and across Europe, the world’s largest
Read moreTrump places 25% tariff on imported autos
By AP and published by Canadian Press and Yahoo!News Washington– US President Donald Trump said on Wednesday (March 26) he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “This will
Read moreUkraine and Russia agree to sea, energy truce as US seeks to ease Moscow sanctions
By Reuters and published by CNA Washington – The United States reached deals on Tuesday (March 25) with Ukraine and Russia to pause attacks at sea and against energy targets, with Washington agreeing to push to lift some sanctions against Moscow in its latest step towards endorsing Russia’s positions. The separate agreements are the
Read moreFed holds interest rates steady amid high uncertainty about Trump tariffs
By Reuters and published by CNA Washington – The US central bank held interest rates steady on Wednesday (March 19), and while its policymakers indicated they still expect to reduce borrowing costs by half a percentage point by the end of this year, Federal Reserve Chair Jerome Powell made it clear they would wait
Read moreTrump orders strikes on Iran-backed Houthi rebels in Yemen and issues new warning
By AP and published by Yahoo!News West Palm Beach, Fla. – US President Donald Trump said he ordered a series of airstrikes on the Houthi-held areas in Yemen on Saturday (March 15), promising to use “overwhelming lethal force” until Iranian-backed Houthi rebels cease their attacks on shipping along a vital maritime corridor. The Houthis
Read moreUS hits Thai officials with visa sanctions over deportation of Uyghurs to China
By Reuters and published by Yahoo!News Washington – US Secretary of State Marco Rubio on Friday (March 14) announced sanctions against officials from Thailand, a US ally, for their role in deporting at least 40 Uyghurs to China, where Washington says the members of the Muslim group will face persecution. The US is “committed
Read moreForeign Ministry will handle Uyghur issue: Thavi
JUSTICE Minister Thavi Sodsong said today (March 14) the Foreign Ministry has a plan to deal with European Parliament condemning Thailand for deporting 40 Uyghurs to China on the night of February 27, Naewna newspaper said. In condemning the deportation of Uyghur refugees to China, the European Parliament urged Thailand to halt any further
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 moreThai business group urges action from government amid ‘panic’ over US trade policy
By Reuters and published by CNA THE Thai Chamber of Commerce on Thursday (March 6) urged action from the government over US trade policy uncertainty and proposed it creates a “war room” to head off any threat of tariffs by the Trump administration. The chamber said its panic over US trade policy was justified
Read moreUS and Ukraine prepare to sign minerals deal: Report
By Reuters and published by NDTV Washington – US President Donald Trump’s administration and Ukraine plan to sign the much-debated minerals deal following a disastrous Oval Office meeting last Friday in which Ukrainian President Volodymyr Zelenskiy was dismissed from the building, four people familiar with the situation said on Tuesday. President Donald Trump has
Read moreUK, European leaders join forces to draft Ukraine peace plan to take to US
By Reuters and published by Yahoo!News London – British Prime Minister Keir Starmer said on Sunday (March 2) European leaders had agreed to draw up a Ukraine peace plan to present to the United States, a vital step for Washington to be able to offer security guarantees that Kyiv says are essential to deter
Read moreTrump and Zelenskyy clash, leaving Ukraine exposed in war with Russia
By Agencies and published by CNA Washington – Ukrainian President Volodymyr Zelenskyy’s meeting with US President Donald Trump ended in disaster on Friday (Feb. 28), after the two leaders clashed in an extraordinary exchange before the world’s media at the White House over the war with Russia. Zelenskyy had seen the meeting in the
Read moreUS issues Thailand security alert after Uyghur deportations
By AFP and published by France24.com THE United States issued a security alert to its citizens in Thailand today (Feb. 28), warning of the possible risk of reprisal attacks after the kingdom deported dozens of Uyghurs to China. The Thai government has suffered intense criticism from around the world for its decision to hand
Read moreTrump says Putin has accepted concept of peacekeepers as part of Ukraine deal
By Reuters and published by CNA Washington – US President Donald Trump said on Monday (Feb. 24) that Russian President Vladimir Putin accepts the idea of Europe sending peacekeepers to Ukraine as part of a ceasefire agreement, and French President Emmanuel Macron said Europe is ready to help. Trump and Macron sketched out efforts
Read moreTrump unveils ‘reciprocal tariffs’ plan targeting friends and foes
By AFP and published by CNA Washington – US President Donald Trump inked plans on Thursday (Feb. 13) for sweeping “reciprocal tariffs” that could hit both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home. Since taking office, Trump has announced a broad
Read moreUS aid freeze sets back fight against human trafficking in Cambodia
By AP and published by Yahoo!News US President Donald Trump’s freeze on foreign assistance has dealt a blow to organisations fighting human trafficking and forced labour in Cambodia, where tens of thousands of people are held captive and forced to work in call centres running telephone scams. Hundreds of thousands of people work in
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 moreWhite House evaluates China AI app DeepSeek’s affect on national security
By Reuters and published by CNA Washington – US officials are looking at the national security implications of the Chinese artificial intelligence app DeepSeek, White House press secretary Karoline Leavitt said on Tuesday (Jan. 28). The National Security Council is reviewing the implications of the app, she said. “This is a wakeup call to
Read morePhumtham to visit USS Carl Vinson during port call
IN A MOVE to strengthen Thai-US relations and exchange strategic information Deputy Prime Minister/Defence Minister Phumtham Vejjayachai and his team will be visiting USS Carl Vinson during its port call to Laem Chabang, Naewna newspaper said today (Jan. 25). Pol. Gen. Thanathip Sawangsaeng, the ministry’s spokesman, said Phumtham and his team will be boarding
Read more