The Bangkok Post is reporting a new campaign by the auto industry in Thailand to cut import taxes on both completely built-up (CBU) cars and complete-knocked-down (CKD) kits. The Post quotes unnamed industry sources as saying the benefits from the lower tariffs include a wider choice of cars for consumers, a reduction in retail prices, an increase in tax revenue, a stronger domestic industry and a more balanced trade with other countries. "Excessive protection of the auto industry does ...
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