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Trump Open to Tariff Cuts in Return for ‘Phenomenal’ Offers

  • US President Donald Trump stated he is open to tariff negotiations, considering 'phenomenal' offers from other countries after implementing new tariffs.
  • Trump declared a 27% 'discounted reciprocal tariff' on India and imposed a tariff of 36% on Thailand.
  • The Stock Exchange of Thailand fell by 2.60% due to fears of a trade war sparked by Trump's tariff announcements, affecting companies like WHA Corporation and Amata Corporation.
  • The University of the Thai Chamber of Commerce warned that the tariffs could lead to 359 billion baht in economic losses for Thailand, impacting its GDP by nearly 2%.
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CNBC broke the news in United States on Thursday, April 3, 2025.
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