Thailand seeks clarity on scrapping of US trade preferences
Thai government and business leaders are seeking clarification from the United States about the planned suspension of $1.3 billion (39.2 billion baht) in trade preferences, ostensibly because of failure to curb labour abuses in the fishery industry.
The suspension, to take effect on April 25, will focus on products for which the US is a relatively important market, but where Thailand accounts for a relatively small share of US imports, the office of the US Trade Representative (USTR) said in a statement.
Bangkok Post Reporter
