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The Latest Breaking News from Commerce

The Commerce Ministry is targeting 100,000 food stalls nationwide for a 40-baht rice-and-curry scheme to help alleviate living costs.

Bangkok Post

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.

Fortune

Sam Altman says OpenAI made ‘many changes’ during talks with US

In an interview with CNBC on Thursday, Altman said the ChatGPT maker had a “collaborative back and forth” with top US officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, in the weeks leading up to the wide release of GPT-5.6.

The Economic Times

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Thailand, EU free trade talks make more progress

Thailand and the European Union have concluded eight more negotiating items in their latest free trade agreement (FTA) talks, a key step toward finalising the long-awaited pact, Commerce Minister Suphajee Suthumpun said.

Bangkok Post

Trump Bitcoin Reserves Spark Internal US Battle as Cryptocurrency Strategy Raises Legal Risks for Treasury Control

President Trump's plan for a Strategic Bitcoin Reserve faces legal challenges as Treasury and Commerce departments dispute custodianship, complicating the administration's pro-crypto agenda.

International Business Times UK

Community collection hubs target coconut glut

The Aromatic Coconut Central Market Community Enterprise, known as Coconut Breeze, in Ratchaburi will strengthen the aromatic coconut industry across the value chain, advocates say.

Bangkok Post

OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6 — Altman reportedly wants every leading U.S. AI lab paying into an Alaska-style public fund

Altman is understood to have raised the idea with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent.

Tom’s Hardware

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Japan an important part of India's Act East Policy: Commerce Minister Piyush Goyal

Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic…

The Economic Times

Howard Lutnick Reverses Export Freeze That Locked Foreign Users Out of Claude Fable 5 and Mythos 5

The Trump administration has lifted a global AI export ban after negotiations, allowing Anthropic's advanced models to resume international operations amidst security concerns.

International Business Times UK

New panel to oversee e-commerce charges

The Trade Competition Commission of Thailand (TCCT) plans to establish a subcommittee to supervise e-commerce platforms' commission fee practices.

Bangkok Post

Anthropic restores Claude Fable 5 as US lifts export controls — single filter now blocks prompt that could identify software vulnerabilities and write code to exploit them

Anthropic has restored global access to Claude Fable 5, a day after the U.S. Department of Commerce withdrew the export controls.

Tom’s Hardware

US govt lifts restrictions on powerful AI models, Anthropic says

Anthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a restriction on where they could be released, the company said Tuesday. "We've received notice that the Department of Commerce has lifted export controls on Claude Fable…

The Economic Times

Senate college sports bill authors plan talks with House

The authors of a Senate college sports bill say it’s time to bring House Republicans and Democrats into discussions, as the clock is ticking to get the measure to President Donald Trump’s desk before the long August recess. Senate Commerce Committee ranking member Maria Cantwell, D-Wash., said the push to…

Roll Call

AI is plowing through the workplace. This new group wants to help people adapt and have jobs

A newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from artificial intelligence advancements. Co-founded by former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb, this organisation plans to collaborate with states and corporations to offer retraining…

The Economic Times

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The Economic Times

US lawmaker introduces bill to require AI companies to report critical incidents

The draft legislation, introduced by U.S. Representative Nathaniel Moran of Texas, would mandate AI companies to report to the U.S. Commerce Department within seven days of discovering dangerous activity, with Commerce required to notify ‌Congress within ⁠48 hours ⁠of the most serious incidents.

International Business Times UK

'Stupid, Costly, and Deadly': Trump Admin Blasted for Spending $11 Billion to Pay Federal Workers Not to Work

A new Public Citizen report says Donald Trump's Deferred Resignation Program paid nearly 140,000 US federal workers at least $11 billion not to work.

The Independent UK

US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate

The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth

Reason

On Marijuana and Guns, Clarence Thomas Still Wants To Limit Federal Power

The conservative justice continues to wage a lonely legal crusade over the Commerce Clause.

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Bangkok Post

Fertiliser supply situation eases

Worries about fertiliser supply have eased after Thailand-bound cargo ships were allowed passage through the Strait of Hormuz, but the government is still seeking additional sources of supply, the commerce minister said on Monday.

The Economic Times

India, US to hold ministerial-level talks on bilateral trade pact this week

In a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Piyush Goyal is scheduled to meet US Trade Representative Jamieson Greer, with discussions geared towards finalizing an interim deal before the July 24 deadline, coinciding with the…

Bangkok Post

100 eateries targeted in anti-proxy blitz

The Commerce Ministry has intensified scrutiny of suspected nominee businesses, with officials examining more than 100 foreign-linked restaurants in Huai Khwang as part of a wider nationwide crackdown.

The Economic Times

Lutnick’s Anthropic crackdown claims new power over AI models

The US government has taken an unprecedented step, using export control laws to restrict foreign access to advanced AI models from Anthropic. This move, citing national security concerns over potential 'jailbreaks,' has sparked debate about government intervention in AI development and usage. Industry experts warn this could lead to broader…

Tom’s Hardware

ASML denies US government report that its EUV chipmaking tool was shipped to China — says 'rumors' are 'inaccurate and damaging to our reputation'

U.S. Commerce Secretary Lutnick expresses concerns in a conversation with ASML executives that China has an EUV lithography system as ASML denies shipping such scanners to the PRC.

Fortune

The week that changed AI: Inside Trump's Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos

The fight over Anthropic’s Mythos model is rewriting the rules of AI regulation, with consequences for the trillion dollar startup, the AI industry, and global security.

The Economic Times

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List, which is being reported for the first time. Reuters is also exclusively reporting the large number of companies awaiting publication on the list.

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