Thailand seeks improved trade terms as US extends tariff deadline ...Middle East

The US initially imposed the rate in April but allowed a temporary 10 percent standby rate as negotiations continued ahead of a July 9 deadline.

“Once we reassess the situation, I hope we can secure a better deal.”

While Thailand still faces the same proposed tariff, the US has lowered rates for other trading partners. The extension provides additional time for Thailand to negotiate terms that could mitigate economic impacts. - AFP

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