US EditionThai business group urges action from government amid 'panic' over US trade policy
- The Thai Chamber of Commerce urged the government to take action regarding US trade policies and suggested creating a 'war room' to address potential tariffs from the Trump administration.
- Poj Aramwattananont, the chamber's vice-chair, stated that the panic over US trade policy is justified, as the US is Thailand's largest export market.
- In 2024, Thailand had a trade surplus of $35.4 billion with the US, which accounted for 18.3% of its total exports.
- The chamber suggested increasing imports from the US to reduce this surplus amid rising trade disputes.
13 Articles
13 Articles
Thai business group urges action from government amid 'panic' over US trade policy
BANGKOK : The Thai Chamber of Commerce on Thursday urged action from the government over U.S. 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 U.S. trade policy was justified and Thailand must urgen
The Harsh Arithmetic of Current Us Trade Policy
Our political leaders don’t need to be professional economists, but it would be great if at some point in their education and life experience they learned and internalized basic economic thinking. It’s really not too much to expect. Two principles seem especially relevant these days: trade-offs and constraints. By the former, I mean the unavoidable reality that policy choices entail sacrifices. When governments shutter nuclear plants, for instan…
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