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Thailand SMEs Face Crisis as U.S. Tariff Looms

7/14/2025

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Summary

Thailand's SMEs Threatened

Thailand's small and medium enterprises (SMEs) are in peril as a staggering 36% tariff from the U.S. looms, endangering 3.7 million jobs and 5,000 factories. Meanwhile, competitors like Vietnam enjoy a 0% tariff advantage, intensifying Thailand's trade struggles. Immediate government intervention is crucial to safeguard these vital businesses and cushion the economic blow from changing U.S. trade policies.

Summary

Bangladesh's Trade Crisis

Bangladesh's garment industry is on shaky ground as stalled US trade talks threaten a hefty 35% tariff and a daunting 40% local value-addition requirement. With rivals like India and Vietnam clinching better deals, US retailers are hitting the brakes on orders. Meanwhile, Vietnam is pushing for a comprehensive tariff agreement to avoid potential 20% tariffs on its exports.

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Thailand's SMEs Threatened

Thailand's small and medium enterprises (SMEs) are in peril as a staggering 36% tariff from the U.S. looms, endangering 3.7 million jobs and 5,000 factories. Meanwhile, competitors like Vietnam enjoy a 0% tariff advantage, intensifying Thailand's trade struggles. Immediate government intervention is crucial to safeguard these vital businesses and cushion the economic blow from changing U.S. trade policies.

1 / 2