Thai industry braces for Trump tariffs, anticipates THB200bil export blow

To address the Trump tariffs, an industrial restructuring in Thailand aims to ensure that it remains a key production base for one-tonne pickups and ECO Cars.- Facebook/Toyota Motor Thailand via The Nation/ANN

BANGKOK: Thailand's Office of Industrial Economics (OIE) has issued a stark warning: new "Trump tariffs" could slash the country's industrial exports by approximately 200 billion baht (US$6.14 billion) in 2025.

This projected hit would reduce industrial GDP growth by 1.02 percentage points, prompting the OIE to accelerate a major restructuring of nine key industrial sectors.