BANGKOK: Thai Finance Minister Pichai Chunhavajira mentioned on Friday (Jun 27) he’ll journey to the US for commerce talks subsequent week.
The negotiation date has been scheduled, he informed reporters, with out elaborating.
Thailand faces a 36 per cent US tariff on its exports, a key driver of development, if it fails to barter a discount earlier than a moratorium expires in July. A tariff of 10 per cent has been set for many nations whereas the moratorium is in place.
Earlier this month, Thailand’s commerce minister Pichai Naripthaphan mentioned talks between the 2 international locations might attain good phrases on tariffs, and presumably choose a charge as little as 10 per cent.
Thailand has mentioned it hopes the negotiations will probably be prolonged past the expiry of the tariff pause subsequent month.
