FTI Proposes Thailand Negotiate Two Levels of Trump Tariffs at 20% and 40%
Bangkok: The Federation of Thai Industries (FTI) has proposed that the Thai team negotiate a two-tiered tariff system with the United States under the Trump administration’s trade policies. The proposal suggests a 40% tariff rate for goods that Thailand uses as a transit point and a 20% tariff rate for American goods manufactured in Thailand and products made in Thailand.