Moving on to the ongoing trade war between China and the United States, the US government is prepared to raise a 10% levy on imports from China to 25%, starting yesterday (May 10). After evaluating the situation, the Ministry of Commerce disclosed that the new tariffs would not affect the export sector of Thailand. Although Thailand may export fewer products to China, the US is expected to import more Thai products.
US-China trade row won't hurt Thai exporters
Moving on to the ongoing trade war between China and the United States, the US government is prepared to raise a 10% levy on imports from China to 25%, starting yesterday (May 10). After evaluating the situation, the Ministry of Commerce disclosed that the new tariffs would not affect the export sector of Thailand. Although Thailand may export fewer products to China, the US is expected to import more Thai products.
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