BANGKOK (Reuters) – Thailand’s economic growth could be reduced by 1 percentage point due to the imposition of U.S. tariffs, the finance minister said on Thursday.To try to maintain exports, the government will import more U.S. goods, remove tariffs on some U.S. products as well as address non-tariff barriers and taxes on U.S. goods, Finance […]
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Thailand growth to be hit by US tariffs, finance minister says
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BANGKOK (Reuters) – Thailand’s economic growth could be reduced by 1 percentage point due to the imposition of U.S. tariffs, the finance minister said on Thursday.To try to maintain exports, the government will import more U.S. goods, remove tariffs on some U.S. products as well as address non-tariff barriers and taxes on U.S. goods, Finance Minister Pichai Chunhavajira told reporters.
(This story has been refiled to add the dropped word ‘by’ in the headline)
(Reporting by Orathai Sriring, Kitiphong Thaichareon, Thanadech Staporncharnchai; Editing by John Mair)