WHA shrugs off impact of US tariffs

While the US's controversial reciprocal tariffs are causing some delays to international investment, Thailand is not expected to face a serious impact, according to WHA Corp, a Thai developer of industrial estates and built-to-suit logistics facilities.

- LAMONPHET APISITNIRAN

The uncertainties surrounding what the final tariff rates will be following negotiations between the US and several countries, including China and India, has caused some investors to postpone their plans to expand their businesses into countries destined to face steep tariffs.

Investment decisions will not be made until the talks are finished. Thailand is also negotiating with the US to reduce the 36% import duty on Thai products before the rate takes effect on Aug 1.