Tariffs put fate of handout scheme in question

Tariffs put fate of handout scheme in question

The fate of the third phase of the government’s flagship digital wallet scheme is hanging in the balance in light of the impact of US tariffs on the Thai economy.

Thai government reconsiders ‘Digital Wallet Phase 3’ amid U.S. tariff concerns

Thailand reconsiders its digital wallet Phase 3 stimulus as Finance Minister Pichai Chunhavajira prepares targeted relief for exporters hit by rising U.S. tariffs. BANGKOK, Thailand – Thailand’s Ministry of Finance is reassessing the third phase of its digital wallet stimulus program in light of new global economic pressures, including the recent increase in U.S. import tariffs on Thai products—seen by officials as a potential wave of “Trump Tar…