The CEO of one of Thailand’s leading manufacturers says his customers are rushing to stock up during Trump’s tariff pause

Quick Summary:

Victor Cheng, CEO of Delta Electronics Thailand, affirms that it’ll be his U.S.customers, not him, that will pay Trump’s tariffs.

Chen noted that, in the days since “Liberation Day,” Thailand’s government had reached out to industry associations and individual companies to understand how tariffs would affect their business.

Still, Cheng was concerned that steep U.S.tariffs would still indirectly affect his company, by placing additional burdens on his customers and spurring inflationary pressures.“Tariffs will definitely have some impact.

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Article Details

Author / Journalist: Lionel Lim

Category: EconomyBusiness

Markets: United StatesThailand

Topics: Editor's Picks Tariffs and trade Electric vehicles Featured Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 13:12:48 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1076 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 269 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27865752

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