Nationwide crackdown launched on illegal nominee shareholders and land holdings
Trump threatens countries that would 'play games' with tariffs
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Trump threatens countries that would 'play games' with tariffs
10 Sept 22:05Key points summarised by AI
President Trump threatened severe tariff hikes and "worse" for nations that challenge his trade policies, particularly after a recent Supreme Court decision.
The Supreme Court struck down Trump's global tariffs, ruling he exceeded his authority in using emergency economic powers, which was a significant setback for his trade agenda.
Despite the court's ruling, Trump swiftly implemented new broad 10-percent duties on imports, effective Tuesday, and vowed to increase them to 15 percent, asserting he doesn't need Congressional approval.
Trump controversially claimed the Supreme Court's decision actually granted him "far more powers and strength" to deal with foreign countries.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.