Thailand to Increase US Imports, Lower Taxes in Tariff Response
Thailand will increase U.S. imports, lower some of the higher taxes on American goods and address non-tariff barriers, the finance minister said on Tuesday, as the government seeks to negotiate a better deal on new U.S. tariffs. The tariff of 36% imposed on Southeast Asia's second-largest economy is among the higher rates imposed by the administration of U.S. President Donald Trump, greater than officials had anticipated.
Thailand was in no rush to travel to the United States for negotiations because proposals needed...
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