Thailand-Japan trade pact paves way for auto-parts tariff relief.
Thailand is ending import tariffs on more than 140 automotive parts from Japan. Trade Negotiations Department Director-General Srirat Ratspana says the Finance Ministry’s customs department ended the tariffs previously set at 10% to 20%. She tells The Nation newspaper the items to benefit include axle shafts, transmissions, seatbelts, brakes, wheels, shock absorbers, clutches, exhaust pipes and fuel tanks. “The zero-tariff rate will be retroactive to April 1, 2012,” ...
Premium Content (PAID Subscription Required)
"Thai Tariffs Dropped on More Than 140 Japan-Made Parts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.