US Grants 0% Tariffs to Three ASEAN Nations Under New Trade Pacts

obsceneK2

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The United States has officially approved a 0% import tariff for specific products originating from three key members of the Association of Southeast Asian Nations (ASEAN): Thailand, Malaysia, and Cambodia. The decision, formalised under new agreements, was announced during the recent ASEAN Summit in Kuala Lumpur

Malaysia's tariff exemption applies to its aerospace equipment, pharmaceutical, and key commodity (palm oil, cocoa, rubber) sectors.

Thailand received 0% tariffs on select items as part of a reciprocal deal, committing to purchase over $20 billion in US agricultural products, energy, and aircraft.

The new 0% tariff policy reverses a previously imposed 19% retaliatory tariff on the three nations.

https://www.nationthailand.com/business/economy/40057374
 

larking8

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The United States has officially approved a 0% import tariff for specific products originating from three key members of the Association of Southeast Asian Nations (ASEAN): Thailand, Malaysia, and Cambodia. The decision, formalised under new agreements, was announced during the recent ASEAN Summit in Kuala Lumpur
 

weng0202

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I wonder what specific products 0% tariffs. Is it stuff not produced in US?
 

iceblendedchoc

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The United States has officially approved a 0% import tariff for specific products originating from three key members of the Association of Southeast Asian Nations (ASEAN): Thailand, Malaysia, and Cambodia. The decision, formalised under new agreements, was announced during the recent ASEAN Summit in Kuala Lumpur

Malaysia's tariff exemption applies to its aerospace equipment, pharmaceutical, and key commodity (palm oil, cocoa, rubber) sectors.

Thailand received 0% tariffs on select items as part of a reciprocal deal, committing to purchase over $20 billion in US agricultural products, energy, and aircraft.

The new 0% tariff policy reverses a previously imposed 19% retaliatory tariff on the three nations.

https://www.nationthailand.com/business/economy/40057374
we buy aircraft also no enjoy 0% tariffs
 
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