BANGKOK -- U.S. President Donald Trump's tariff policy will damage Thailand's key business sectors, from autos to food processing and agriculture, potentially causing a loss of up to 800 billion baht ($24 billion) to the local economy, according to the head of an influential local business group.
Trump tariffs
Thailand faces $24bn loss on Trump tariffs, says business lobby
Falling exports could lead to 'consolidation, downsizing and closure' in auto sector
A port along the Chao Phraya river in Bangkok. Exports account for more than 60% of the Thai economy. © Reuters
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