Thailand is expected to gain more than it loses if the US slaps tariffs of up to 25% on an additional list of Chinese imports worth US$300 billion, according to a study by the Commerce Ministry's planning unit. "If the US raises import tariffs as threatened, we expect Thailand will benefit from increased exports to the US worth $200 million-$1 billion," she said. President Donald Trump recently threatened to slap tariffs of up to 25% on an additional list of Chinese imports worth $300 billion. Ms Pimchanok said global trade is volatile and measures to boost Thai exports are needed in short order. The top five export products were machines, electric appliances, rubber, tractors and pearls.

Source: Bangkok Post May 24, 2019 23:15 UTC