'We really need to talk'

Quick Summary:

With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.

Domestic tourism is also a concern, as it could suffer if the country's manufacturing and export sectors are damaged by the tariff policy, potentially leading to weak economic growth, said Mr Ratchaporn.

The team can explore avenues for Thailand to sustain effective trade, particularly as other countries divert goods from the US to Thailand, which could hamper the local manufacturing sector, he said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: ThailandChinaIndiaJapan

Topics: Sector Sectors Tariffs Thai Tariff Tourism Government Thailand Economic Trade Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 05:06:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1899 words

Reading Time: 11 minutes read

Sentences: 80 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 28064440

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 22 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 11 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions