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The Latest Breaking News from the Commerce Ministry

Trump-Xi summit yields trade breakthrough as US, China agree to cut levies

China and the United States have agreed to reduce tariffs on certain goods. This move aims to boost trade between the two nations, particularly in agriculture. Both sides will also work on other trade issues. Details are still being negotiated. This development follows a summit between leaders Xi Jinping and…

The Economic Times

China to impose up to 42.7% provisional tariffs on EU dairy products

China has announced provisional tariffs of up to 42.7% on dairy products imported from the European Union

The Independent UK

Trump may be the man of the moment abroad but domestic issues continue to plague his administration

The ovations and gushing words of praise he received in Jerusalem is something he seldom seems to receive at home as his administration grapples with a string of domestic problems.

Euronews

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China vows action against US if Trump imposes fresh tariffs

Trump claimed in a social media post that China is ‘becoming very hostile’

The Independent UK

China tightens rules for electric vehicle exports by requiring permits from 2026

China will tighten exports of electric vehicles starting next year by requiring automakers to obtain export permits, the Commerce Ministry said Friday

The Independent UK

Bangkok's Song Wat Road targeted as new tourist hotspot

The Commerce Ministry plans to promote Song Wat Road as a new Bangkok landmark.

Bangkok Post

China accuses US of violating trade truce and vows firm retaliation

Beijing’s remarks came after US President Donald Trump said on Friday that China had “totally violated” the agreement.

Euronews

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China slaps extra tariffs of up to 15% on imports of major US farm exports, including soy and beef

China has announced it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef

The Independent UK

Crackdown on cheap foreign goods planned

The Commerce Ministry has drafted a plan to deal with an influx of cheap substandard goods from abroad.

Bangkok Post

China says it will investigate fashion firm PVH for suspected boycott of Xinjiang products

China's Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules

The Independent UK

Chinese-made elephant pants face import ban

The Customs Department has been told to ban Chinese imports of elephant-patterned pants as the pattern's copyright has now been registered, the Commerce Ministry said on Monday.

Bangkok Post

Commerce Ministry seeking views of Ministries, NITI on draft Bills on five cash crops

Commerce Ministry seeks views from Ministries, Niti Aayog on Bills to promote growth of cash crops like tea, coffee, spices, rubber and tobacco. Bills seek to decriminalise minor offences, create conducive environment for businesses. After comments, Ministry to approach Cabinet for approval. Bills propose repeal/updation of decades-old laws to reflect…

The Hindu

Redeveloped ITPO complex for G-20 leaders meet to be inaugurated on July 26

The redeveloped complex of India Trade Promotion Organisation’s (ITPO) Pragati Maidan, which will host India’s G-20 leaders meetings in September, will be inaugurated on July 26, likely by PM Modi

The Hindu

Shipments to China forecast to grow 1%

Despite China's slow economic recovery, the Commerce Ministry still expects Thai exports to the mainland to eke out 1% growth this year to US$3.47 billion.

Bangkok Post

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Bangkok Post

Inflation unexpectedly up in June but at slower pace

Thailand's headline consumer price index (CPI) increased 0.23% in June from a year earlier, slowing from a 0.53% year-on-year rise in the previous month, the Commerce Ministry said on Wednesday.

Bangkok Post

Manufacturers seek steps to reduce costs

Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

Bangkok Post

Thai exports expected to improve in H2

Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.

Bangkok Post

Exports drop 4.6% in May

Thailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset some of the impact of sluggish global demand, the Ministry of Commerce said on Tuesday.

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Bangkok Post

Jan-May rice export volume up 27%

Thailand's rice exports for January-May were at 3.47 million metric tonnes, up 26.6% from a year earlier, helped by higher global demand and a weaker baht currency, the Commerce Ministry said on Friday.

Bangkok Post

Commerce Ministry steps up efforts to stamp out smuggling

The Commerce Ministry is intensifying its efforts to improve supervision of agricultural product imports to combat smuggling.

Bangkok Post

Robust demand raises durian prices

The price of export-grade durian is higher than last year as exporters have continuous demand for the fruit, according to the Commerce Ministry.

Bangkok Post

Department clamps down on protected wood shipments

The Commerce Ministry has issued two regulations prohibiting the importation of timber, processed wood and wooden artefacts, unless traders hold a certificate of import, in addition to barring phayung (Siamese rosewood) exports.

Bangkok Post

Headline inflation lowest in 21 months

Thailand's headline inflation rate dropped to its lowest in 21 months in May due to falling energy and food prices and a high base in 2022, the Commerce Ministry said on Tuesday.

Bangkok Post

Ministry maintains export target despite stagnation

The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.

Bangkok Post

Ministry vows to keep tabs on prices

During the transition period ahead of the formation of a new government, the Commerce Ministry has pledged to stay vigilant in monitoring and controlling the domestic prices of goods and services to prevent any impact on consumers.

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