BANGKOK (Reuters) -Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday. The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of tariffs, Finance Minister Pichai Chunhavajira told a business seminar. Thailand faces a 36% tariff from Washington if a […]
Business
Thailand considering offering zero tariffs on more U.S. imports, finance minister says
Audio By Carbonatix
BANGKOK (Reuters) -Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday.
The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of tariffs, Finance Minister Pichai Chunhavajira told a business seminar.
Thailand faces a 36% tariff from Washington if a deal cannot be reached before August 1.
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Writing by Chayut Setboonsarng; Editing by David Stanway)