News
Trump’s GSP seafood cut gives Thailand 2020 GDP an early whack
The struggling Thailand economy received an unexpected whack for the year ahead yesterday (Oct 26) when US President Donald Trump suspended $1.3 billion worth of duty-free trade for Thai items, including seafood, under the Generalized System of Preferences (GSP) programme. President Trump is reported to have ...
John Le Fevre
Many Thai products to lose GSP privileges in the US
Thailand’s Department of Foreign Trade will announce on Monday the details of its suspension of duty-free treatment for some Thai products under the Generalised System of Preferences (GSP). This follows US suspension on Friday of such preferred treatment for Thai products worth around US$1.3 billion, citing ...
The Nation Reporter