Thailand may buy more US goods in talks

Quick Summary:

Thailand could potentially import an additional US$32.9 billion worth of American goods to ease the adverse impacts of US President Donald Trump's tariffs by buying more aircraft, energy and grains from the US, says Kuala Lumpur-based Maybank.

Any country that reports less than a 20% ratio or runs a trade deficit with the US faces a 10% baseline tariff.

According to Maybank, the reciprocal tariff is set at half of this US deficit ratio.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaMalaysiaPhilippinesSingaporeVietnam

Topics: Deficit Maybank Import Tariffs Thailand Chak Reciprocal Billion Tariff Energy Imports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 05:20:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 27741995

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Official Website: bangkokpost.com

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