The Minister of Finance announced that Thailand is ready for “Trump” to move forward with a 10% increase in tariffs on China, indicating that it was not as expected and ready to attract global investment into Thailand Regarding the carbon tax issue, he said that there would be very little impact. It is intended that the Department of Energy should not restrict entry. Cabinet because of the negative impact on the people
House today (November 26) Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance. Speaking of the case where Mr. Donald Trump, the future president of the United States, announced that he would immediately begin another 10% increase in tariffs on goods imported -in from China, he said that this issue is still being considered as the same issue, that is, trade barriers will increase, which will be faced by all parties. As for Thailand itself, they are preparing whether or not the United States will raise tariffs on Thai trading partners. We are already ready. And what Thailand will do is more about attracting investors from all over the world to invest in Thailand.
When he was asked about the progress of the case Increasing the carbon tax (Carbon Tax), which is expected to be introduced in the Cabinet at the end of this year But I have not entered yet. Cabinet and there is news that the Ministry of Energy does not agree to increase the carbon tax (Carbon Tax) and there is opposition to this issue, Mr. Pichai said that there should not be opposition to this issue. Because it didn’t make much of an impact. It has little effect. I think it is unlikely that the Ministry of Energy will oppose this matter.
2024-11-26 09:47:00
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**How could Thailand leverage the ongoing US-China trade tensions to attract foreign direct investment in sectors aligned with its long-term sustainability goals?**
## World Today News Exclusive Interview: Thailand’s Preparedness Amidst Global Trade Tensions
**Host:** Welcome to World Today News, where we bring you insightful analysis on the world’s most pressing issues. Today, we delve into the potential repercussions of increased US tariffs on China and Thailand’s strategic response. Joining us are two prominent experts: Dr. Somchai Suksomboon, a renowned economist specializing in international trade, and Ms. Siriporn Kanokrat, a leading voice on environmental policy and sustainability.
**Section 1: The US-China Tariff War and its Global Impact**
**Host:** Dr. Suksomboon, the US is poised to increase tariffs on Chinese goods by another 10%. How might this escalation impact global trade dynamics, particularly for a nation like Thailand deeply integrated into these supply chains?
**Dr. Suksomboon:**
**(Response expected to delve into the potential ripple effects of the tariff hike on global supply chains, potential disruptions to Thai export markets, and opportunities for Thailand to diversify its trading partners)**
**Host:** Ms. Kanokrat, beyond the immediate economic consequences, what are your observations on the broader geopolitical implications of this escalating trade war?
**Ms. Kanokrat:**
**(Response anticipated to highlight potential shifts in global power dynamics, the role of multilateral institutions, and the potential for increased nationalism and protectionism)**
**Section 2: Thailand’s Strategic Response: Attracting Global Investment**
**Host:** Deputy Prime Minister Pichai Chunhavajira has stated that Thailand is well-prepared for this tariff increase. He emphasized attracting global investment as a key strategy. Dr. Suksomboon, how feasible is this approach given the current global economic climate and competition for investment?
**Dr. Suksomboon:**
**(Response expected to analyze Thailand’s attractiveness to foreign investors, assess its competitive advantages, and discuss potential challenges and opportunities)**
**Host:** Ms. Kanokrat, how can Thailand leverage investment to drive sustainable and inclusive growth, ensuring benefits reach all segments of society?
**Ms. Kanokrat:**
**(Response anticipated to discuss the importance of responsible investment, incorporating environmental and social considerations, and ensuring equitable distribution of benefits)**
**Section 3: The Carbon Tax Debate: Balancing Environmental Concerns and Economic Impact**
**Host:** There’s been considerable debate surrounding the implementation of a carbon tax in Thailand. Deputy Prime Minister Pichai expressed confidence that the impact would be minimal. Ms. Kanokrat, what are your thoughts on this stance, and what are the potential long-term implications of delaying or avoiding such a measure?
**Ms. Kanokrat:**
**(Response expected to outline the urgency of addressing climate change, the potential costs of inaction, and the role of carbon pricing as a policy tool)**
**Host:** Dr. Suksomboon, how can Thailand balance its ambitious economic growth goals with its commitments to environmental sustainability? What are the potential trade-offs and how can they be minimized?
**Dr. Suksomboon:**
**(Response anticipated to discuss the need for a balanced approach to development, exploring innovative solutions such as green technologies and circular economy models)**
**Conclusion**
**Host:** We thank Dr. Suksomboon and Ms. Kanokrat for sharing their invaluable insights. As the global landscape continues to evolve, understanding the complex interplay between trade, investment, and environmental sustainability becomes ever more crucial. Join us again next week on World Today News as we continue to explore the forces shaping our world.
