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Trump's trade policies threaten Thailand's GDP, with tariffs hitting Asian automakers like Toyota.
US President Trump's trade policies are causing economic concerns for Thailand, with potential tariffs set to impact its GDP growth.
The country's economy grew by 3.2% in Q4 2024, but further tariffs could reduce this to as low as 1%.
Trump's recent suggestion of leniency on tariffs has provided some relief, but uncertainty remains.
Meanwhile, Asian automakers, particularly Japanese brands like Toyota, face significant impacts from new 25% tariffs on car imports "not made in the US," with Toyota's stocks falling 9.4% post-announcement.
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Las políticas comerciales de Trump amenazan el PIB de Tailandia, con aranceles que afectan a los fabricantes de automóviles asiáticos como Toyota.