Thailand is preparing more than 40 billion baht ($1.22 billion) in measures to mitigate the impact of U.S. tariffs, a deputy finance minister said on Wednesday. The central bank should also ease monetary policy further,

Malaysia will continue negotiations with the US on a lower tariff rate despite being the only Southeast Asian country to face an opposite outcome based on US President Donald Trump’s latest announcement.

America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.

The proposed 36% tariff on US imports of Thai products could pile pressure on the manufacturing sector, with workers likely to bear the brunt, says the Employers' Confederation of Thai Trade and Industry (EconThai).

As the end of the pause of what US President Donald Trump calls "reciprocal" tariffs is looming, businesses in Thailand are bracing for it. If the pause ends, Thailand will be slapped with 36 percent levies as Trump initially announced.

US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.

The Philippines will hold further negotiations with the United States after President Donald Trump increased the planned tariff rate to 20% from 17%, said Manila’s ambassador to the US.

President Donald Trump has sent letters to 14 countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.