Thailand 2025 Growth Slashed Amid China Slowdown, U.S. Tariffs

Thailand Urges U.S. to Limit Tariffs to 10% Before Deadline
Containers are prepared for export at the Laem Chabang deep-sea port in Chon Buri province, Thailand, on June 25, 2024. (Photo by Nutthawat Wichieanbut / Bangkok Post / Bangkok Post via AFP)

Thailand’s economic planning agency sharply lowered its 2025 GDP growth forecast amid global trade tensions, weak domestic demand, and a slowdown in Chinese tourism. 

The National Economic and Social Development Council (NESDC) on Monday revised Thailand’s 2025 growth forecast to 1.3%–2.3%, down a full percentage point from its previous projection of 2.3%–3.3%.

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by Edwin Shri Bimo

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