🇺🇸🇹🇭 Trump Scales Back Tariffs on Thailand — Markets Rally!

Washington has agreed to maintain 19% tariffs on Thai goods, allaying concerns about a higher rate of 36% that had been looming over trade relations.

📈 Market Buzz: The SET Index climbed +1.2% as investors celebrated the breakthrough, viewing it as a win for both sides.

🇹🇭 In exchange, Thailand committed to zero-tariff access for key U.S. exports such as automobiles and agricultural products, while securing exemptions for electronics and textiles, protecting nearly $15 billion in bilateral trade.

💡 Economic Outlook: Thailand’s GDP growth forecast for 2025 remains steady at 2.8%, though certain industries — particularly steel — could face headwinds. Analysts see this as a sign of Trump’s pragmatic “deal-making diplomacy” taking shape across ASEAN economies.

#GlobalTrade #MarketBoost #USEconomy #Thailand #TrumpTradePolicy

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