Latest news with #Thai-U.S.
Yahoo
20-05-2025
- Business
- Yahoo
Thailand says wants fair trading relationship with U.S
BANGKOK (Reuters) -Thailand is committed to creating a fair relationship in trade and investment with the United States, the finance minister said on Tuesday as the Southeast Asian nation seeks talks with Washington to head off threatened tariffs. Thailand faces a 36% U.S. tariff if a reduction can't be negotiated before a moratorium expires in July. The U.S. has set a 10% tariff for most nations while the moratorium is in place. More collaboration was expected in the energy sector, Pichai Chunhavajira told a Thai-U.S. investment forum, with Thailand keen for partners in green energy and interested in working with U.S. biotech, food processing, and wellness companies. Thailand has submitted a proposal to Washington that aims to address the trade imbalance, including by enhancing market access for U.S. exports, tackling transshipment violations, and Thai investment that would create U.S. jobs, he said. "On enforcing anti-circumvention, these policies are being translated to action now," Pichai said, referring to goods from other countries being shipped as if they originated from Thailand. He estimated the measures could cut the U.S. deficit by up to $15 billion, but he did not say by when this would happen. "I am positive that we have a strong set of practical and viable proposals that can effectively lead to win-win results," he said. The United States was Thailand's largest export market last year, accounting for 18.3% of total shipments worth $55 billion. Washington has put its trade deficit with Thailand at $45.6 billion.
The Sun
20-05-2025
- Business
- The Sun
Thailand says wants fair trading relationship with U.S.
BANGKOK: Thailand is committed to creating a fair relationship in trade and investment with the United States, the finance minister said on Tuesday as the Southeast Asian nation seeks talks with Washington to head off threatened tariffs. Thailand faces a 36% U.S. tariff if a reduction can't be negotiated before a moratorium expires in July. The U.S. has set a 10% tariff for most nations while the moratorium is in place. More collaboration was expected in the energy sector, Pichai Chunhavajira told a Thai-U.S. investment forum, with Thailand keen for partners in green energy and interested in working with U.S. biotech, food processing, and wellness companies. Thailand has submitted a proposal to Washington that aims to address the trade imbalance including by enhancing market access for U.S. exports, tackling transshipment violations, and Thai investment that would create U.S. jobs, he said. The United States was Thailand's largest export market last year, accounting for 18.3% of total shipments worth $55 billion. Washington has put its trade deficit with Thailand at $45.6 billion.
Reuters
20-05-2025
- Business
- Reuters
Thailand says wants fair trading relationship with U.S.
BANGKOK, May 20 (Reuters) - Thailand is committed to creating a fair relationship in trade and investment with the United States, the finance minister said on Tuesday as the Southeast Asian nation seeks talks with Washington to head off threatened tariffs. Thailand faces a 36% U.S. tariff if a reduction can't be negotiated before a moratorium expires in July. The U.S. has set a 10% tariff for most nations while the moratorium is in place. More collaboration was expected in the energy sector, Pichai Chunhavajira told a Thai-U.S. investment forum, with Thailand keen for partners in green energy and interested in working with U.S. biotech, food processing, and wellness companies. Thailand has submitted a proposal to Washington that aims to address the trade imbalance including by enhancing market access for U.S. exports, tackling transshipment violations, and Thai investment that would create U.S. jobs, he said. The United States was Thailand's largest export market last year, accounting for 18.3% of total shipments worth $55 billion. Washington has put its trade deficit with Thailand at $45.6 billion.
Yahoo
14-05-2025
- Entertainment
- Yahoo
Thai Horror ‘Delivery Man' Stalks Cannes Market With First Looks (EXCLUSIVE)
Night Edge Pictures and Thai-U.S. sales outfit EST N8 have unveiled the first looks at horror-thriller 'Delivery Man,' starring Bhumibhat 'Aim' Thavornsiri, Plearnpichaya 'Junéi' Komalarajun and Ananda Everingham, to buyers at the Cannes Film Market. The Bangkok-based Night Edge Pictures production follows a socially awkward, tech-savvy food delivery worker who develops a dangerous obsession with a female customer on his delivery route. More from Variety International Emmy Winner Aokbab Chutimon to Star in Thai Horror 'Fortune Seekers' as Night Edge Pictures Debuts Sales in Cannes (EXCLUSIVE) 'White Lotus' Star Dom Hetrakul Boards Cannes Market-Bound Thai Crime-Horror 'Debt Sentence' (EXCLUSIVE) Korean Drama 'Family Secrets' Inspired by Ferry Disaster Acquired by EST N8 at Hong Kong FilMart (EXCLUSIVE) Thavornsiri, who recently swept Thai awards season with his performance in 'In Youth We Trust' and has appeared in Netflix's 'Hunger' and 'Doi Boy,' takes the lead role of Guy. Komalarajun, known for 'OMG! Oh My Girl' and 'Love Stuck,' portrays Sai, an architect who becomes Guy's target in what the filmmakers describe as her most intense role to date. Veteran actor Everingham, known for the 'Khun Pan' trilogy and horror classic 'Shutter,' rounds out the main cast. The film is written and directed by Ornusa Donsawai and Pun Homchuen, with acclaimed filmmaker Kongkiat Komesiri co-writing. According to producers, the thriller aims to blend Korean cinema's suspenseful pacing with Thailand's signature storytelling approach while exploring the dark underbelly of stalker culture. 'Aim, Junéi and Ananda, who all will portray never-before-seen horror roles in their careers, are simply unmissable,' said Hans Audric Estialbo, CEO of Night Edge Pictures, which has previously distributed horror hits including 'Terrifier 3' and 'Talk to Me' in Thailand. The project recently added backing from Thai production company Benetone Films and Malaysian entertainment giant Astro Shaw. 'This is the kind of horror story that could happen to anybody and it's something that moviegoers of today will find eerie and frightening,' said Rachvin and Kulthep Narula, CEO and COO of Benetone Films. Raja Jastina Raja Arshad, head of Astro Shaw, added: 'Astro Shaw is proud to be part of this new wave of storytelling, and we believe these stories will resonate with audiences everywhere, shining a spotlight on the unique strength of Southeast Asian horror.' 'Delivery Man' is currently in production with a targeted release in early 2026. Kris Eiamsakulrat, co-founder of EST N8, which represents the film for worldwide sales, said: 'At EST N8, we champion stories that reveal the raw truth and reality of modern life across Asia. 'Delivery Man' is a gripping portrait of obsession and isolation that's rooted deeply in Thailand's youth culture today, yet with a strikingly universal message. We're proud to partner with creators who push boundaries and bring Southeast Asia's most daring and resonant stories to global audiences.' Best of Variety New Movies Out Now in Theaters: What to See This Week Emmy Predictions: Talk/Scripted Variety Series - The Variety Categories Are Still a Mess; Netflix, Dropout, and 'Hot Ones' Stir Up Buzz Oscars Predictions 2026: 'Sinners' Becomes Early Contender Ahead of Cannes Film Festival
Reuters
25-04-2025
- Business
- Reuters
Thai exports could beat 2025 target but US tariff challenge looms, commerce minister says
BANGKOK, April 25 (Reuters) - Thai export growth could exceed targets this year but challenges loom as the government seeks to negotiate a tariff deal with the United States that would benefit both sides, its commerce minister said on Friday. "This year's exports will still meet targets, or be slightly better," Commerce Minister Pichai Naripthaphan told a business seminar. "It may be bumpy, but it is not bad." The government has forecast exports to grow by 2%-3% this year. Pichai spoke after export growth hit a 3-year high in March at 17.8%. Exports grew 15.2% annually in the first quarter. But the Thai economy, Southeast Asia's second-largest, stands to be among the hardest hit in the region by U.S. President Donald Trump's tariff blitz. It faces a 36% U.S. import tax if a cut cannot be negotiated before Trump's pause in enforcing the "reciprocal tariff" policy expires in July. The United States was Thailand's largest export market last year with shipments of $55 billion. Washington has put its bilateral trade deficit with Thailand at $45.6 billion. Thai-U.S. trade negotiations that were scheduled for this week have been postponed because the Trump administration has asked Bangkok to review important issues including its tariff structure, according to Prime Minister Paetongtarn Shinawatra. His government has said its negotiation strategy will focus on industries where the U.S. and Thailand share interests, such as energy and pet food and increasing U.S. imports including liquefied natural gas. U.S. officials are satisfied with Thai steps taken to tackle "circumvention", Pichai said, alluding to concerns over China exporting via third countries to evade Trump's tariffs. Shipments of rubber gloves, tyres and animal feed to the United States were expected to rise to replace Chinese items that have been hit by much steeper U.S. tariffs, Pichai said.
