The chamber said its panic over U.S. trade policy was justified and Thailand must urgently review its import taxes on U.S. goods and increase imports to reduce its trade surplus with Washington amid rising global trade disputes.
“Time is very short. If we don’t hurry up and don’t respond officially to what is happening, we will run into problems. We have to be prepared and respond in a way that is fair to all parties.”
The United States was Thailand's largest export market last year, accounting for 18.3% of total shipments, or $54.96 billion.
The chamber said it has asked the government to establish a special working group alongside the war room to address U.S. trade policy issues.
It said Thailand could import more energy and agricultural products as well as aircraft from the United States to narrow the gap.
Hence then, the article about thai business group urges action from government amid panic over u s trade policy was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Thai business group urges action from government amid 'panic' over U.S. trade policy )
Also on site :
- Gold Star Distribution Inc., Issues Recall of Certain FDA-Regulated Products in Three States Including Drugs, Devices, Cosmetics, Human Foods, and Pet Foods
- ’Beverly Hills, 90210’s Jason Priestley Shares Bold Callout After ‘Worst’ Travel Experience
- Central African Republic election: Who’s running and what’s at stake?