Latest news with #ThaiExports
Zawya
08-07-2025
- Business
- Zawya
Thai exports could take $27bln hit from US tariffs, industry group says
The Federation of Thai Industries on Tuesday estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from U.S. tariffs of 36%, slated to start in August. (Reporting by Chayut Setboonsarng and Orathai Sriring; Editing by Martin Petty)
CNA
08-07-2025
- Business
- CNA
Thai exports could take $27 billion hit from US tariffs, industry group says
BANGKOK :The Federation of Thai Industries on Tuesday estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from U.S. tariffs of 36 per cent, slated to start in August.
South China Morning Post
26-06-2025
- Business
- South China Morning Post
China's durian imports plunge as stricter checks catch out traders
China's imports of fresh durians have fallen this year because of stricter sanitation checks at the border, according to people who follow the trade. The value of fresh durian imports in the first five months of this year fell by 32.5 per cent year on year to US$1.93 billion, according to the General Administration of Customs. By volume, imports were down 32.9 per cent to 390,900 tonnes. Hardest hit was Vietnam, which saw nearly 62 per cent year-on-year declines in both the value and volume of durians shipped to China, customs data shows. Vietnam's shipments totalled US$254 million during the first five months of 2025. Imports from Thailand fell 24 per cent year on year in US dollar terms over the same period to US$1.67 billion, with a slightly smaller decline in volume terms. Thailand retained its title as China's top source of imports, followed by Vietnam and other Southeast Asian countries. Tighter safeguards against pesticides and other sanitation issues have slowed imports, people who follow trade said on Tuesday, adding that exporters might need some time to get used to the new rules. 'Vietnamese growers and traders need to meet the standards,' said Nguyen Thanh Trung, a political scientist at Fulbright University Vietnam. 'This year I think they may be affected a lot, but growers and traders will learn.'
Bloomberg
09-05-2025
- Business
- Bloomberg
Thai Central Bank Sees Limited Policy Room After Three Rate Cuts
Thailand's central bank has limited 'ammunition' after recent interest rate cuts, according to Governor Sethaput Suthiwartnarueput, who called for more targeted measures to shield Southeast Asia's second-largest economy from the impact of US tariff. The Bank of Thailand is exploring additional measures, the timing of which will depend on the severity of the hit from US tariff on Thai exports, Sethaput told a briefing on Friday. The steps won't be broad-based but focused on sectors in need of help, he said.
