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Trump's Auto Tariff Threatens Thailand's Struggling Car Industry

3/10/2025

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Story summary
  • President Trump's proposed 25% auto tariff may negatively impact Thailand's automotive sector, already facing challenges.
  • Thailand is the 16th largest exporter of passenger cars and 11th for commercial vehicles to the US.
  • Domestic vehicle sales declined by over 12% in January, with exports falling 28.3%, marking a 33-month low.
  • There are rising concerns about tariffs affecting Thai auto parts manufacturers reliant on US markets.