Several Asean And Asian countries quickly responded to American tariff challengesAttracting criticism of the distance and confusion of a government criticism. Sirikanya Tansakun, a member of the popular opposition party yesterday on April 5, stressed how nations within the Anase and Asia block, affected by variable rate rates, reacted.
Vietnam has launched a dialogue with Washington to combat commercial imbalances, obtaining the approval of US President Donald Trump. Cambodia has reduced prices on American imports to 5% to facilitate trade discussions, as Sirikanya noted.
South Korea has unveiled a set of emergency economic rescue for the sectors seriously affected by American prices, including the automotive industry, while the Prime Minister of Singapore warned citizens about the ramifications of the prices.
Conversely, Prime Minister Paetongtarn Shinawatra would have minimized American pricing hikes, advising the public not to worry. The confusion surrounds the direction of talks with the United States to solve the problem of prices, Sirikanya mentioning contradictory statements concerning who will direct these efforts.
The Thai Prime Minister said Pansak Winyarat, president of the Prime Minister’s political advisory committee, headed the team, but the Minister of Finance Pichai Chunhavajira says he will assume the role. The commercial permanent secretary was also suggested to lead the price work team.
The Minister of Commerce, Pichai Naripphan, tried to contact Washington to discuss the tariff dispute but received no response, said Sirikanya.
Government spokesperson Jirayu Huangsap on April 5 rejected opposition allegations that the coalition government was slow to address the prices announced last week by Donald Trump.
Jirayu said the government had anticipated additional American prices on Thai imports three months ago and had a meeting on January 8 to design a solution.
Thailand faces a 36% rate imposed by the Trump administration, exceeding many expectations. The opposition warned that not solving the problem of prices could harm the small and medium -sized enterprises in the supply chain.
The opposition accused the government of groping and lacking coordination in solving the tariffs problem, urging the training of a special working group led by Paetongtarn to solve the problem.
In response, Jirayu said that the government has vigilantly monitored the pending price changes since the end of last year. On April 3, Prime Minister Paetongtarn pledged to establish a state-private sector cooperation initiative to counter the prices, Bangkok Post reported.
The government aims to engage with Washington in the first opportunity to obtain a fair trade between the two nations, added Jirayu, and has prepared reparation measures for Thai exporters to the American market.
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