In a speech to an economic conference in Bangkok, Suphajee Suthumpun also warned about the accumulation of challenges facing the country’s economy.

Thailand expects to finalize its trade deal with the United States by the end of the year, the country’s commerce minister said yesterday, while issuing a warning about the uncertain trajectory of the Thai economy.

On July 31, the Trump administration announced a 19 percent import tariff on Thailand, but it also warned that any goods deemed to be transshipped from other nations (i.e., China) will be hit with a harsher 40 percent tariff.

Speaking at an economic forum in Bangkok, Reuters repor

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