#Tariffs

Tariffs, or taxes on imported goods, are a hot topic in economic policy debates both in Thailand and around the world. Governments use tariffs to manage foreign trade, protect local industries, and sometimes to retaliate against trading partners. But what do tariffs really mean for the average person? Understanding the pros and cons of tariffs is essential as Thailand navigates its role in the global economy, especially during times of economic uncertainty and growing calls to support local businesses.