A new tariff of up to 30 per cent on e-commerce goods entering Thailand may squeeze Chinese vendors, but intense price competition and their ability to keep costs low are likely to limit its impact, analysts said.
Thailand’s cabinet on Monday authorised the finance ministry to impose duties of up to 30 per cent on goods ordered through foreign e-commerce platforms and delivered by express courier or international post, according to Thai media. The actual rate will vary by product.
The new…
Source: www.scmp.com
