Manufacturers fret after tariff hike

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The story "Manufacturers fret after tariff hike" was covered 19 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 19h ago

Manufacturers fret after tariff hike - Bangkok Post

Quick Summary:

Thai manufacturers plan to attend an urgent meeting held by the Federation of Thai Industries (FTI) today to discuss efforts to cope with US reciprocal tariffs of 37% on Thai exports, with a proposal expected for increased purchases of American products to ease the trade imbalance.

US firms that produce electronics, especially hard disk drives, and export them back to their countries are one factor behind this trade surplus, said Mr Kriengkrai.

Manufacturers are preparing to discuss the impact of Washington's stiff tariff on Thai exports.