Thailand to Offer US More Trade Concessions to Avert 36% Tariff
Bangkok's latest proposal aims to boost bilateral trade volume and reduce Thailand's $46 billion trade surplus with the US by 70% within five years, reaching balance in seven to eight years, Finance Minister Pichai Chunhavajira told Bloomberg News in an interview late Sunday. That's quicker than the pledge to wipe the gap in a decade under an earlier proposal submitted by Thailand.
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