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flag Thailand's industrial confidence drops to a nine-month low due to trade tensions and tariffs.

flag Thailand's industrial confidence hit a nine-month low in June, with the sentiment index falling to 87.7 from 88.1 in May. flag This decline is attributed to border tensions with Cambodia, U.S. trade measures including increased tariffs on steel and aluminum, and geopolitical conflicts. flag The Thai government is proposing zero tariffs on thousands of products in negotiations with the U.S. to avert potential high tariffs, while also preparing contingency plans for different tariff scenarios.

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