The private sector is optimistic that new US tariffs will not have a major impact on Thai exports, though businesses are urging the government to expedite trade negotiations to enhance the country's competitiveness on the global stage.
Starting from midnight US time on Friday, the Trump administration has imposed new tariffs of either 10% or 12.5% on goods from its top 60 trading partners, including Thailand, due to allegations of forced labour violations, according to US officials.
