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Thai BOI, FTI applaud U.S. tariff reduction; Auto/parts investment applications rise in H1
On August 1, 2025, the Federation of Thai Industries (FTI) and the Board of Investment (BOI) praised the government for securing a reduction in U.S. import tariffs on Thai goods, from 36% to 19%, bringing the rate in line with Cambodia, Malaysia, Indonesia, and the Philippines. While still higher than Singapore’s 10%....
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