Experts urge more imports from US to avoid increased tariffs
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Experts urge more imports from US to avoid increased tariffs
11 Sept 22:08Key points summarised by AI
Thailand faces potential US tariffs ranging from 10-25% on key exports like electronics due to its trade surplus, with the Trump administration expected to announce new measures soon.
Experts recommend Thailand increase imports of US agricultural products and consider purchasing aircraft to reduce the trade surplus and avoid the imposition of higher tariffs.
Warnings include a potential 0.7% contraction in Thailand's GDP and severe financial repercussions for top-tier export products, some currently enjoying 0% tariffs.
Proposed mitigation strategies involve direct negotiations with the US, swift action to address trade surplus concerns, and strengthening the domestic economy through investment in future industries and support for SMEs and farmers.
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.