Thailand offers US five-point tariff plan

Thailand has presented the US with five proposals aimed at resolving the ongoing tariff issue, according to Deputy Prime Minister and Finance Minister Pichai Chunhavajira. 

He expressed optimism that negotiations could lead to a reduction in US import tariffs on Thai goods to 10%, down from the current 36%. The five Thai proposals focus on enhanced economic partnership in processing, data centers, and AI, alongside a commitment to reduce trade barriers.