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Thai Industry Braces for Influx of Chinese Goods After US Tariff
Thai companies want the government to step up efforts to shield local producers from a potential influx of cheap goods following the Trump administration’s move to slap tariffs on Chinese imports.
Thai companies want the government to step up efforts to shield local producers from a potential influx of cheap goods following the Trump administration’s move to slap tariffs on Chinese imports. If Prime Minister Paetongtarn Shinawatra’s government fails to act, the number of industries hit hard by cheap imports may swell to 30 from 23 last year, Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, told a briefing in Bangkok on Wednesday. The industries already bearing the brunt of the flood of imports are steel, plastics, electrical appliances and clothings, he said.
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