As fireworks light up the American sky on this July 4th, a different kind of spark is flying across global trade circuits. In a dramatic departure from traditional deal-making, President Donald Trump has launched what could be the most formidable global trade showdown in recent history. Gone are the days of intricate diplomatic negotiations—Trump has opted for a more straightforward approach: one-size-fits-all tariffs. This shift in strategy could significantly impact economies worldwide, with Thailand finding itself in an uneasy spotlight. From today, formal letters will start landing on foreign desks, outlining fixed tariffs ranging from 20% to a staggering 50% on goods being imported into the United States. The rate each country faces hinges upon their existing trade status with the US and their eagerness to secure a deal. Before hopping on a flight to Iowa, Trump fired a rhetorical salvo, “There are 170 countries; how many deals can you…
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