📢Prime Minister of the United States Tax Response

PM Discusses Ekkriti - Suphan Ji - Sai Sai, Cope for U.S. Tariffs, Accelerate Trade Negotiations to Secure Thai Exporters' Benefits

In a case in which the United States Supreme Court ruled that the President of the United States, Donald Trump, did not have the power to increase import tariffs, after which Donald Trump immediately announced a 10% tariff on all countries and the following day raised it to 15%, the Prime Minister and the Minister of the Interior, Mr. Nintin Chan Weegul, called

The economic team, consisting of Ekhniti Nitiprasat, Deputy Prime Minister and Minister of Finance, Sukhoi Sukhuman, Minister of Commerce, and Si Sak Mug, Minister of Foreign Affairs, discussed the matter, instructing all agencies to closely monitor the matter, to issue countermeasures and to order the unlocking of legal obstacles. Ekhniti stated that the Commerce Department would accelerate negotiations with the Office of the United States Trade Representative (USTR) to protect against further tariff measures and preserve the interests of Thai exporters, as well as to ask the Commerce Department to prepare to negotiate a free trade area to expand new export markets, and the Treasury would work. Closer to the Investment Promotion Administration (BOI).

In order to expedite investment promotion requests under Thailand FastPass measures, along with working with Deputy Prime Minister Bhansak Uwanpon, the Deputy Prime Minister accelerated the revision of legal regulations that impede investment while Nantpong Jhrampong, Director of the Office of Trade Policy and Strategy, estimated that the case would lower the cost of certain products, resulting in lower prices for U.S. destination goods, increased purchasing power for U.S. buyers, increased the likelihood of importing goods from Thailand. The Office of the National Economic and Social Development Council stated that the factors to determine trade disadvantage after this depend on the efficiency and cost of producing products in each country and In this absence of certainty, entrepreneurs are asked to focus on taking care of marketing matters, ensuring that goods can still be sold.

# Prime Minister discussing the United States tax # Accelerate trade negotiations to secure the interests of Thai exporters # Treasury # Department of Commerce # 20 Ministry Government Policy