The Federation of Thai Industries (FTI) has cut its forecast for the Thai economy in 2015 to 2.0-2.2%, stating that if Thailand is hit with a 36% US import tax, it will drag down exports for the whole year by 2%, with GDP growth remaining at 0.7-1.4%. It has urged the government to reduce domestic costs, help counter the strong baht, and accelerate negotiations on US taxes.
Today (7 May 2025), Mr. Kriangkrai Thienukul, Chairman of the Federation of Thai Industries (FTI), chaired the meeting of the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB). He said after the meeting that the JSCCIB has resolved to adjust the forecast for the Thai economy in 2025 from the original 2.4-2.9% to 2.0-2.2%, with the main factor being the impact of the US tariff measures.
credit : สล็อต