WHTW Top 10: 02/11 – 06/11

1. US trade move ‘won’t hurt Thai exports’: GSP suspension imposes ordinary tax rate. The Commerce Ministry insisted yesterday the announcement by US President Donald Trump to suspend preferential trade benefits for 231 Thai products under the so-called Generalized System of Preferences (GSP) won’t much affect Thailand’s export to the US. Bangkok Post
2. Phuket chamber lobbies for ‘special status’ boost : The Phuket Chamber of Commerce looks set to ask cabinet to approve its long-term plan to make the province into a special administrative area, saying the move would help it catch up with its projected economic growth before the Covid-19 pandemic. Bangkok Post
3. GSP suspension gauged to cost $19m in losses : 147 items entered US duty-free in 2019. The government insists the suspension of preferential trade benefits for certain Thai products by the US under the Generalized System of Preferences…

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