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Thailand may lose Bt900bn in revenue due to US tariffs - FTI estimate

10 Sept 05:58 Key points summarised by AI

The Federation of Thai Industries (FTI) estimates Thailand could suffer a Bt900 billion revenue loss from the US administration's imposition of 36% reciprocal tariffs on Thai exports.
Key industries, including automotive, food, chemicals, and textiles, are projected to be severely hit, potentially leading to production relocation for car manufacturers and reduced competitiveness for food exports.
FTI proposes the Thai government accelerate negotiations with the US, consider import tax cuts for US products, issue certificates of origin for specific Thai goods, and address intellectual property infringement to mitigate the tariff's impact.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.