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trade tariff
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Thailand hopes to conclude US trade talks before new deadline
The Southeast Asian country has offered to cut import duties on most US goods to zero, expand access for US agricultural and industrial products, and increase purchases of energy and Boeing jets. It also pledged to reduce its 46 billion USD trade surplus with the US by 70% within five years.
World
ASEAN accelerates trade talks with US ahead of tariff suspension deadline
According to the earlier US tariff announcement, Cambodia encounters the highest rates of 49%, followed by Laos (48%), Vietnam (46%), Myanmar (44%), Thailand (36%), and Indonesia (32%). Meanwhile, Malaysia, Brunei, the Philippines, and Singapore face lower rates ranging from 10% to 24%.
Indonesia considers reducing trade tariffs with US
Indonesia is planning to lower trade tariffs with the US as President-elect Donald Trump prepares to implement a universal tariff policy.
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