Thailand forms a panel to handle potential US tariffs. Talks may follow if Trump targets Thai exports due to trade surplus.
Thailand could suffer a US$7 billion to US$8 billion (RM31.1 billlion to RM35.6 billion) hit from potential US tariffs if the US administration were to even up levies between the two countries, but it has a strategy for trade negotiations, senior officials said on Wednesday.
Cambodia’s strong macroeconomic achievements and diversification efforts came in for praise by the Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, on Thursday describing the Kingdom as the ‘star pupil’ of economic growth.
Brunei's economy grew by 2.4 per cent in 2024, with similar growth projected for 2025, driven by a rebound in the oil-and-gas sector (O&G) and an expansion in non-O&G sectors. To continue on its track to sustainable growth using economic diversification, Brunei needs to focus on sectors with high comparative advantages and implement supportive policy and structural reforms.
Indonesia is exploring new export opportunities in the so-called “eggflation” that is currently striking the US as Jakarta finds the egg shortage to have opened up export opportunities.
Despite recent condemnation of Thailand's deportation of Uyghurs, the EU and the local government need to sign a trade deal to offset a protectionist US
Thailand’s exports could be at risk due to the trade policies of the Trump administration, the Trade Policy and Strategy Office (TPSO) has warned.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
