Thailand awaits more details as US says trade deal reached ahead of tariff deadline
US Commerce Secretary Howard Lutnick said Washington has secured trade deals with Thailand and Cambodia. Thailand's finance minister said he is expecting more information on the precise rate of tariffs, while Cambodia's deputy prime minister said he is not aware any new agreement had been reached. Without a deal, Thailand and Cambodia could face 36% tariffs imposed by the US — their top export market. AP Correspondent Jeremy Koh reports.
US Commerce Secretary Howard Lutnick said Washington has secured trade deals with Thailand and Cambodia. Thailand's finance minister said he is expecting more information on the precise rate of tariffs, while Cambodia's deputy prime minister said he is not aware any new agreement had been reached. Without a deal, Thailand and Cambodia could face 36% tariffs imposed by the US — their top export market. AP Correspondent Jeremy Koh reports.
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