Shocks, chaos and talks behind Thailand Trade Agreement

While the US president made a drump statement on 2nd April, it was shocked by the southeast of Asia, a region that is the whole world built on export.

Levels went to some 49% on some countries, in Cambodia, in Cambodia and Vietnam in Cambodia, in Thailand and Vietnam.

“I remember. Richard His father says Microelectronics Microelectronics Hana, one of the products of the largest treaty of Thailand.

Thailand, which faced 36% Levy, like most of its neighbors, for reducing 19% tariffs.

The transaction falls down to the wire, only two days before Deadline Trump had been placed – 1 August. It was a Fraught process there, and still have very little detail about what has been approved.

10 ASEAN countries, where the local block of South East Asian, 477Bn (£ 360BN) is sent from the United States in 2024

There was no surprise that the Vietnamese government was first to negotiate the transaction with the USA, and first in the region to punish 46% to punish them.

According to the US Presign, Peyman Tarifs reduces 20%, When he claims Vietnam will now register on any imports from the United States. Withdrawal, Vietnamese leadership did not say anything about the transaction.

They do not have the founder, no written or signed documents, and some reports suggest that Vietnam is not satisfied with Trump figures. But they set rain for other countries in the region.

Indonesia and Philippines reduce their tariffs from 19% of the negotiations, even 19% of the negotiations, even though there is no will depend on exports in the United States.

Thailand makes a lot of the United States. The last year they earned more than $ 63BN, about one-fifth export of its overall. You must also have to describe the Queue on the Queue head, to reduce the 36% Trump Trump for reducing 36% Trump Trump.

But Thailand is not Vietnam, a communist state of one party that critical decisions can be made quickly, they need to worry about the idea of business or general ideas.

In contrast, like South Korea and Japan, whose exhibitions followed their exhibitions, even if they are engaged in US Alievies Thailand is also a weak and broken coalition government, in view of the vested interests.

Still worse, the decisions that were not completely relied on that trade were angry by the USA.

In February, he sent 40 Uygur asylum seekers that returned to China in Thailand for more than the United States Secretariat Marco Rubio. The Thai trade counselor to BBC told US negotiations still brought Uyghurs as a complaint on Tarifs negotiations.

Then a local army commander filed against a US academic, which is imprisoned and then forced to leave Thailand. Therefore, because they are away on the front, Thailand saw himself behind the line.

Another Thai Trade Team is what is asking the Tariff’s rate, in particular access to Thailand agricultural market, which is severely protected.

Food is a big business in Thailand. The CP group, one of the world Agribusiness is the largest company in the country. This US request was painful for Thailand.

“Vietnam opened a pandora box,” says. “By providing zero tariffs on all American imports, it is for our uses that cannot be easily fail.”

Three hours from Bangkok, Nakhon Nayok, Wishout Siripun 12,000 Pigs – a significant business in Thailand; Thais eat a lot of pork. It is active in Thai Raisers Association, and is lobby against the tariffs on our pork.

“American farmers produce a highly larger assembly, and their costs are low. Therefore, their meat price will be less, and home farmers will not be able to survive.”

Access to the agricultural market also continues in conversations with Japan, and one of them continue in India.

In Thailand, the agribusiness genders are also like CPs also lobbyed by American demands to open other sectors such as clutches and claws. The meetings between the nets of July and date of histories have been faced, after there are transactions in Washington, after there are transactions in Washington.

But on the other hand there are Thailand manufacturers, which are very greater participation than GDP. They are badly needed a deal.

“If we receive 36% then he will be terrified of us,” said Suparp Suwanpimolkul, Deputy Manager of Sk Polymer, before the agreement was reported. Company consists of gomlet and synthetic materials to make machinery, fridges, air materials.

“I guarantee you at least one of our products at your home,” he said.

Sk Polyer was founded by Suparp and his two brothers in 1991. Her story is the modern tail story, from the business of his father’s small family, but the riding of the global trade that is the basis of Thailand’s economy.

They are an integration part of a complex compound chain, which their products from other elements from many countries are exporting, for export production, industry or medical export. About 20% of the company’s income comes from the United States, but the number when the products that contains its components are too high. Trump dates throw a Spain in the jobs.

“We have small margins,” said SiParp. He said they can still run with 20% or 25% tares by cutting costs. When he spoke to the BBC, before this agreement was reported, “Please – to get the agreement, so that we can plan our business.”

For electronic producers, a large industry is palatable in Thailand.

“If you end up with about 20% in this area – it will only pay the provider taxes, for US customers,” says Richard Hana, Hana’s Microelectronics CEO. Corporation of basic components that go in our digital life, printed rounded panels, for the price for the price.

Mr. Just 12% of his products go directly, but like a SK polarer, which is part of other things made. But it’s not just the number of Tariff that makes him sad.

His concern is a transitional, the U.S. for China is afraid because of his production through the Southeast Asia. Like Vietnam, according to President Trump, will pay 40% – the new tariff rate – on what the judges of the United States are sent.

Both Thailand and Vietnam saw that the foreign investment is increasing after the trumps on China, and their exports from the United States. Some of the Chinese companies that were production production; Some products used to use many chinese manufacturing components. And they are not just from China.

In another electronic producer, SVI, robots on the assembly line and hundreds of small components that compare to the machines that cost hundreds of thousand dollars. A quick look of the label showed that elements came from Malaysia, Philippines, Taywan and China.

Svi makes security cameras, patient amplifiators, medical equipment, want their customers from each specifications, which are largely in Scandinavia. Thailand’s important production sector is part of the chain of universal global supply chain that is almost impossible to meet the demands of the U.S. President.

Under your rules that calculated in the local making process, or if it “seriously convert” in a new product

Trump’s management does not leave the rules of WTO’s,

“Asia Southeast Asia is very important to China,” he defines. “China, by far, the biggest chain has the biggest for electronics and many other industries, and they are cheap.

“We can buy materials from another part of the world. But will be made for Thailand or Philippines or Philippines.

For how many of these details have been revealed. Despite the Prime Minister Trump claimed that he was for the things that comes into Philippines and Indonesia and said this is not true, and it is still necessary to negotiate.

For the Thai government, he began to start so late and struggled to meet our demands, just provide an agreement.

They would not be afraid how to work the contract later, because details are working, which usually takes years. And in her, they are just away – rich and progressive economies are equal to protect Trump Mercurial Mercurial Policy.

“In a place where this is suspended. Surely need to stop?” Says Mr. Han. “The problem is, we don’t know what the game rules are, so we are all around, just waiting for you to find out how the new game is playing.”