In the high-stakes world of international trade, all eyes are currently on Thailand as it teeters on the cusp of a crucial deadline with the United States. With the clock relentlessly ticking down, Finance Minister Pichai Chunhavajira has announced his imminent voyage across the Pacific for urgent trade negotiations next week. The only thing higher than the anticipation is the potentially crippling 36% tariff looming large over Thai exports, should no deal be reached by the expiry of the moratorium on tariffs in July. A significant economic cog, exports are a powerhouse propeller of growth for Thailand. Minister Pichai’s laconic briefing to the press confirmed the schedule but left the agenda bereft of detail, much like a suspense novel withholding its thrilling crescendo. Currently, thanks to the moratorium, most countries are enjoying a relatively sweet much-lower tariff of 10%, a breeze compared to the storm Thailand is bracing for if…
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