Latest news with #UScustoms
CNA
30-05-2025
- Automotive
- CNA
Thai factory output rises in April, but 2025 forecast cut
BANGKOK :Thailand's manufacturing production index unexpectedly rose 2.17 per cent in April from a year earlier on gains in manufacturing, exports of industrial goods and tourism, the industry ministry said on Friday. But output was still down 0.75 per cent over the first four months of 2025 from a year earlier, and the ministry cut its 2025 forecast range to growth of 0 per cent to 1 per cent from 1.5 per cent to 2.5 per cent. April's rise compared with a forecast annual fall of 2.95 per cent in a Reuters poll. March's outcome was revised to a rise of just 0.05 per cent from an initially reported annual fall of 0.66 per cent. Figures earlier this week showed exports rose by an annual 10.2 per cent in April, though the commerce ministry said the outlook was challenging because of U.S. tariffs. Thailand is among Southeast Asian nations hardest hit by U.S. President Donald Trump's measures, with a 36 per cent tariff if a reduction can't be negotiated before a moratorium ends in July. Car production in Thailand, a regional automaking centre, fell in April for the 21st straight month, down 0.4 per cent on a yearly basis, data last week showed.
Wall Street Journal
12-05-2025
- Business
- Wall Street Journal
Customs Brokers Star in the Trade Wars
The Byzantine knowledge of customs brokers has never been in higher demand. The brokers help importers accurately classify and report goods to U.S. Customs and Border Protection and pay duties for their clients. Brokers are acting as accountant, lawyer, consultant and, at times, fortuneteller for clients desperate for clarity on U.S. policy.
