Thailand is close to an agreement with the United States to lower a threatened 36% tariff on its exports ahead of the Aug 1 deadline, according to Finance Minister Pichai Chunhavajira, who expects trade talks to conclude within days.
Bangkok's Finance Minister Pichai Chunhavajira confirms Thailand is submitting its last proposal to the USTR tomorrow, hoping for import tariffs under 20% to align with regional norms.
Malaysia's economy continues to demonstrate resilience in 2025, underpinned by strong domestic demand, robust investment activity, and favourable labour market conditions, despite pressures from global trade tensions and policy uncertainty.
US President Donald Trump's return to tariff diplomacy is on full display in Southeast Asia as he boasts of trade deals with first Vietnam, then Indonesia.
Indonesia has emerged as the most favorably treated Southeast Asian country under the United States’ new protectionist trade regime, following a breakthrough agreement that caps U.S. tariffs on Indonesian goods at 19 percent.
The Ministry of Industry and Trade of Vietnam and the Ministry of Industry and Trade of Laos co-hosted a thematic workshop on promoting cross-border e-commerce under the theme Supporting Businesses in the Digital Era in Vientiane on the morning of July 18.
Thailand nervously awaits the outcome of negotiations with the US in the hope of a more favourable tariff rate.
As the Belt and Road Initiative (BRI) marks its 11th anniversary, China-Malaysia cooperation has entered a new phase of multi-dimensional and deeply integrated engagement, spanning infrastructure, the digital economy and green transformation.