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US tariff opens 'opportunity' to reorient economy
August 03, 2025
|Bangkok Post
An economist is urging the government to adopt a three-phase strategy to cushion the impact of the newly-imposed 19% US tariff, warning that while the immediate effect may not be catastrophic, the move exposes deeper structural vulnerabilities.
Asst Prof Kiatanantha Lounkaew, of Thammasat University's Faculty of Economics, said yesterday the tariff, which came into effect on Friday, should not only be seen as a threat but as an opportunity to reorient the economy for long-term resilience.
He proposed a phased response to mitigate shocks and drive structural reform.
هذه القصة من طبعة August 03, 2025 من Bangkok Post.
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