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thai economy faces 4.6 billion loss from potential trump tariffs
Thailand"s economy could face a $4.6 billion setback if President-elect Donald Trump implements his proposed tariff increases on US imports. This could hinder the country"s export performance and weaken its currency, potentially reducing GDP growth by 90 basis points from the projected 3% next year, according to a study by the University of the Thai Chamber of Commerce.
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