Hello and welcome to the details of Thailand seeks ‘better deal’ after Trump renews 36pc tariff threat and now with the details
Nevin Al Sukari - Sana'a - Thailand’s acting prime minister Phumtham Wechayachai speaks to reporters after a Cabinet meeting. — AFP pic
BANGKOK, July 8 — Thailand’s acting prime minister Phumtham Wechayachai said today he wanted a “better deal” than the 36 percent tariff Donald Trump threatened to impose in a letter to the country.
Bangkok was hit with the same rate when the US president announced his initial wave of levies at the start of April, but has been paying a 10 per cent standby rate as negotiators raced for a deal before a July 9 deadline.
Trump sent letters to more than a dozen countries on Monday, renewing his threat of high tariffs but extending the negotiation deadline to August 1.
“The most important thing is that we maintain good relations with the US,” Phumtham told reporters in Bangkok. “Once we reassess the situation, I hope we can secure a better deal.”
While the toll announced for Thailand remains the same, Trump has reduced the highest threatened rate for some of the United States’ other trading partners. — AFP
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