US President Donald Trump speaks after signing two executive orders on trade in the Oval Office at the White House on Friday. US exports to Thailand last year were worth $10.57 billion and imports totalled $29.49 billion, resulting in a trade deficit of $18.92 billion, according to US Census Bureau data. The Trump administration plans public meetings to hear from manufacturers, service providers, workers, farmers and consumers. The biggest trade deficit was with China, at $347 billion in 2016, a 5.5% decrease from 2015 as imports from China fell. Mr Trump will meet with Chinese President Xi Jinping at his Florida retreat this coming Thursday and Friday, and the trade deficit will be on the agenda.

Source: Bangkok Post April 01, 2017 08:03 UTC