Trump issues new tariffs, says can still negotiate


Economic headwinds: Truckers moving containers at a yard under the Port Authority of Thailand in Bangkok. In his announcement, Trump says he will impose tariffs of 36% on goods from Thailand starting on Aug 1. — Reuters

WASHINGTON: President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners.

He also suggested, though, that he was still open to additional negotiations and pushed off increased duties until at least Aug 1.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read