Thai trade proposal to be submitted to US this week, finance minister says
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Thailand's formal trade proposal will be submitted to the U.S. this week, with the first round of discussions set to take place online, the country's finance minister said on Tuesday, as it seeks to head off the threat of higher U.S. tariffs. The Southeast Asian nation faces a 36% U.S. tariff on its exports if a reduction cannot be negotiated before a 90-day pause that caps President Donald Trump's "reciprocal" tariffs at a baseline of 10% expires in July.