Coin World News reports that on July 14 (UTC+8), Thailand's Finance Minister said on Monday that Thailand is considering implementing zero tariffs on more American imported products. Finance Minister Arkhom Termpittayapaisith stated at a business seminar that the government has also prepared soft loans worth 200 billion baht (6.1 billion USD) to mitigate the impact of tariffs. If an agreement cannot be reached before August 1, Thailand will face a 36% tariff from Washington.