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APEC pushes AI integration and online IP protections to boost regional trade

Today 17:28Key points summarised by AI

APEC member economies are actively integrating Artificial Intelligence (AI) into regional trade strategies and exploring dedicated AI provisions for future free trade agreements.
Plans include establishing an 'Asia-Pacific AI Centre' to foster innovation, enhance workforce skills, and ensure AI safety across the region.
APEC is strengthening joint efforts to combat online intellectual property (IP) infringement, specifically targeting counterfeit and pirated goods sold via e-commerce platforms.
These initiatives aim to refine regulatory frameworks, remove technical barriers, and safeguard IP assets, creating a more conducive investment climate for the digital trade era.

Today 19:03Key points summarised by AI

The US has imposed an immediate 15% tariff increase on all imports, signaling continued trade uncertainty and the potential for further tariff weaponization by the Trump administration.
Thai exporters face significant challenges, including higher production costs, reduced competitiveness due to currency fluctuations, and difficulties in long-term business planning amid unpredictable US trade policies.
The ongoing tariff uncertainty is pressuring investors to adjust supply chains and consider relocating production bases to mitigate risks.
The Thai government is urged to expedite trade negotiations with the US to help the private sector adapt, improve competitiveness, and potentially leverage Thailand's role as a regional trade and production hub.