Thailand is preparing more than 40 billion baht ($1.22 billion) in measures to mitigate the impact of U.S. tariffs, a deputy finance minister said on Wednesday. The central bank should also ease monetary policy further,

America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.

The Philippines will hold further negotiations with the United States after President Donald Trump increased the planned tariff rate to 20% from 17%, said Manila’s ambassador to the US.

As the end of the pause of what US President Donald Trump calls "reciprocal" tariffs is looming, businesses in Thailand are bracing for it. If the pause ends, Thailand will be slapped with 36 percent levies as Trump initially announced.

President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. The highlight of his letter barrage late Wednesday was his announcement of a coming 50% tariff on goods from Brazil in a letter sent to its president,

The proposed 36% tariff on US imports of Thai products could pile pressure on the manufacturing sector, with workers likely to bear the brunt, says the Employers' Confederation of Thai Trade and Industry (EconThai).

SINGAPORE] Malaysia and Thailand are the economies in Asean that are set to take the biggest hit from tariffs announced by US President Donald Trump on Monday (Jul 7), according to analysts. Read more at The Business Times.