financetom
Economy
financetom
/
Economy
/
Thai finance minister to travel to US for trade talks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thai finance minister to travel to US for trade talks
Jun 29, 2025 8:18 PM

BANGKOK (Reuters) -Thai Finance Minister Pichai Chunhavajira said on Monday that he will travel to the United States later in the day for trade talks to be held over the next two days.

He said on a local news programme that he hoped U.S. tariffs levied on Thailand will not be higher than those imposed on other countries.

"I hope that no matter how much, it won't be more than anyone else's," Pichai said.

Thailand faces U.S. tariffs of 36% if it fails to negotiate a reduction before a moratorium expires on July 9. A tariff of 10% has been set for most nations while the moratorium is in place.

Earlier this month, Thai commerce minister Pichai Naripthaphan said talks between the two countries could lead to good terms on tariffs, and possibly settle on a rate as low as 10%.

Thailand has said it hopes the negotiations will be extended beyond the expiry of the tariff pause next month.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Private Employment Beats Expectations In March As Labor Market Shrugs Off Tariff Worries
Private Employment Beats Expectations In March As Labor Market Shrugs Off Tariff Worries
Apr 2, 2025
Private sector job growth exceeded expectations in March, signaling a surprisingly resilient labor market even as U.S. businesses face growing uncertainty over the potential impact of tariffs. U.S. private employers added 155,000 jobs in March, according to the latest Employment Report from Automatic Data Processing. The figure represents a notable pickup from February's upwardly revised total of 84,000 and comes...
US private payrolls accelerate in March
US private payrolls accelerate in March
Apr 2, 2025
WASHINGTON (Reuters) - U.S. private payrolls growth accelerated in March, the ADP National Employment Report showed on Wednesday. Private payrolls increased by 155,000 jobs last month after an upwardly revised 84,000 rise in February. Economists polled by Reuters had forecast private employment advancing 115,000 following a previously reported 77,000 gain in February. The ADP report, jointly developed with the Stanford...
US factory orders rise solidly in February
US factory orders rise solidly in February
Apr 2, 2025
WASHINGTON (Reuters) - New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs. Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported 1.7% advance in January. Factory...
US factory orders rise solidly in February
US factory orders rise solidly in February
Apr 2, 2025
WASHINGTON (Reuters) - New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs. Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported 1.7% advance in January. Factory...
Copyright 2023-2025 - www.financetom.com All Rights Reserved