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Thailand Plans to Restructure Taxes in Exchange for Halting U.S. Retaliatory Tariffs

Taxes

This year, trade relations between Thailand and the U.S. are facing new challenges as the U.S. government under President Donald Trump prepares to implement “reciprocal tariff” starting on April 2, 2025. This measure will allow the U.S. to raise tariffs on imports from trading partners to match the tariffs those countries charge on U.S. goods.