financetom
Economy
financetom
/
Economy
/
Thailand must submit comments to U.S. on Section 301 probe by April 15
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thailand must submit comments to U.S. on Section 301 probe by April 15
Mar 22, 2026 10:41 PM

BANGKOK, March 23 (Reuters) - Thailand must submit written comments to the United States on the U.S. Section 301 trade investigation by April 15, the commerce ministry said on Monday.

The country risks facing a tariff if it fails to defend its case, Chotima Iemsawasdikul, director general of the Department of Trade Negotiations, told a briefing.

* Thailand is among 16 countries the US said would be subject to investigation underSection 301 of the Trade Act of 1974. * The investigation of Thailand covers excess productioncapacity in sectors such as autos, machinery parts, fish, fishoil, animal feed and garments, and a separate case on imports ofgoods made with forced labour, with no specific source countryidentified, Chotima said. * The country remains in discussions with the US followingthe original joint statement on tariff and non-tariff issues, she said. * Thai goods had been hit with a 19% US tariff, which hasnow been replaced by Washington's new global tariff . * The Thailand-EU free-trade agreement talks are halfwaythrough, and Thailand is pushing to conclude them this year,Chotima said.

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 >
Biden’s Budget proposes to trim federal deficits, boost taxes on wealthiest Americans
Biden’s Budget proposes to trim federal deficits, boost taxes on wealthiest Americans
Mar 30, 2022
Biden and his aides touted his budget, unveiled Monday, as focusing on fiscal responsibility, security at home and overseas and investments in social programs to help families afford housing, child care, health care and other costs.
Ukraine conflict: War threatens food security in Russia and beyond
Ukraine conflict: War threatens food security in Russia and beyond
Mar 30, 2022
Russia had already started its sowing campaign in the south before the war. In 2021 it planted 80.4 million hectares, and it intended to plant 81.3 million hectares in 2022, 29.5 million of which would be occupied by wheat. After the invasion of Ukraine, the Russian government allocated 25 billion roubles in subsidised credit to facilitate a successful sowing season, in addition to an original 28 billion roubles in short-term credit.
US job openings, quitting at near record high in February
US job openings, quitting at near record high in February
Mar 29, 2022
US job data: There were 11.3 million available jobs last month, matching January's figure and just below December's record of 11.4 million, the Labor Department said Tuesday. The number of Americans quitting their jobs was also historically high, at 4.4 million, up from 4.3 million in January.
Explained: Why Bank of Japan is keeping rates low despite a stumbling yen
Explained: Why Bank of Japan is keeping rates low despite a stumbling yen
Mar 30, 2022
Bank of Japan has bucked the global trend for a tighter monetary policy and maintained an ultra-loose stance. But BOJ is finding it difficult to keep control of key bond yields, stoking speculation that governor Haruhiko Kuroda may prop up the currency for the first time since 1998. A weaker yen has positive effects on the Japanese economy by pushing up the overall economy and prices, Bank of Japan governor Haruhiko Kuroda said.
Copyright 2023-2026 - www.financetom.com All Rights Reserved