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Economy
321 posts
Trump Announces Major U.S. Import Tariff Hike — Thailand Hit with 36% Rate, Faces Severe Risks from Global Trade Contrac…
Trump’s April 2 tariff announcement may raise U.S. tariffs by 18-22%, severely impacting Thailand, which faces a 36% import tariff. This could harm Thailand’s economy, particularly exports, necessitating urgent negotiations to balance trade issues and protect national interests.
U.S. Imposes Tariffs of up to 972% on Thai Solar Cells, Pressuring Exports to Contract Near Zero by 2026
On April 21, 2025, the U.S. imposed high anti-dumping and countervailing duties on Thai solar panel exports, leading to anticipated declines in Thailand’s market share. To mitigate impacts, manufacturers should diversify markets and adapt strategies amid changing trade dynamics.
