Thailand may need $15 billion of stimulus to cope with US tariffs, minister says – Reuters

In a bid to navigate the turbulent waters of international trade,Thailand’s government is contemplating a considerable financial stimulus package estimated at $15 billion.This move comes as the Thai economy grapples with the implications of rising tariffs imposed by the United States, which threaten to disrupt key sectors adn dampen growth prospects.speaking at a recent press conference, a senior minister highlighted the urgent need for economic measures to bolster local industries and safeguard jobs. As global trade tensions continue to escalate, Thailand finds itself at a crossroads, requiring strategic interventions to maintain stability and competitiveness in a rapidly shifting marketplace. This article delves into the potential ramifications of these tariffs, the proposed stimulus plan, and the broader impact on the Thai economy.

Thailand Faces Economic Challenge as US Tariffs Weigh Heavily on Exports

Thailand’s economy is currently grappling with meaningful challenges as the…

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Author : Sophia Davis

Publish date : 2025-04-24 22:52:00

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