U.S. move to suspend preferential trade benefits won't affect much on Thai export: commerce ministry


  • World
  • Tuesday, 03 Nov 2020

BANGKOK, Nov. 2 (Xinhua) -- The announcement made by U.S. President Donald Trump to revoke its tariff privileges for Thai exports under its Generalized System of Preferences (GSP) last week won't have much effect on Thailand's export to the United States, said Thailand's Ministry of Commerce on Monday.

"The announcement made by U.S. President Donald Trump to suspend preferential trade benefits for 231 Thai products under the GSP won't affect too much the exports from Thailand to the United States," said Keerati Rushchano, the ministry's director-general of the Department of Foreign Trade.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Trump says 'I was shot with a bullet' that pierced ear
Trump rally erupts in gunfire, former president safe, officials say
Roundup: T�rkiye loses export competitiveness due to rising costs, low exchange rate: experts
Two dead in Russian 'double tap' attack on town near Ukraine's Kharkiv
Feature: Sports initiative empowers underprivileged youngsters in Namibia
4 children die due to suspected Chandipura virus infection in India's Gujarat
South Sudan secures 46 mln USD grant to improve, agriculture, food security
Strong efforts required to release demographic dividend as Africa's population crosses 1.5 bln: UNECA
Islamic State kills four police in clashes in eastern Iraq
Congo says UN exit unlikely while Rwandan troops present

Others Also Read