A Thai worker cuts out stains from a raw rubber sheet at a factory in Rayong province. File photo: AFP
Thailand approves US$792 million in subsidies for rubber farmers, the biggest casualty of US-China trade war
- Thailand, the world’s largest rubber producer, has seen its exports plummet as the tariff war between Washington and Beijing rages on
- In addition to providing short-term income guarantees to farmers, the Thai government is also looking to widen its export markets to reduce reliance on China
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Thailand
A Thai worker cuts out stains from a raw rubber sheet at a factory in Rayong province. File photo: AFP