The final countdown

Quick Summary:

All eyes are on next week's US presidential election as the political and economic policies of the world's biggest economy impact every nation across the globe, including Thailand.

However, trade relations may ease if Ms Harris succeeds President Biden, said Mr Kriengkrai, as a Harris administration would only increase tariffs on certain products, such as EVs produced in China.

If Mr Trump wants to revive US industries, Mr Sompop said his most effective tool would be raising tariffs to restrict imports, as he has said he is ready to impose an additional 10-20% tariff on nations with significant trade surpluses with the US, referring to a surplus of more than US$30 billion.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaGeorgiaGermanyIsraelMexicoTaiwanUkraineVietnam

Topics: Trump President Trade Tariffs Thai Economy Chinese Thailand Harris China Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 05:03:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 2490 words

Reading Time: 14 minutes read

Sentences: 100 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23275223

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 7 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 16 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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