On Tuesday, the share price of WHA Corporation Public Company Limited (SET: WHA) in the opening hour was at THB 2.94, a THB 0.16 or 5.16% decrease with a total trading value of THB 75.39 million.
Meanwhile, the share price of Amata Corporation Public Company Limited (SET: AMATA) at the same time at THB 13.20, a THB 1.00 or 7.04% decrease with a total trading value of THB 63.41 million.
The aforementioned shares tumbled today after the report that President Donald Trump is planning to restrict AI chip exports from firms like Nvidia to countries including Malaysia and Thailand. This move is reportedly part of a broader crackdown on illicit semiconductor transfers into China.
Furthermore, the United States will introduce a sweeping 36% tariff on all Thai imports starting August 1, 2025, as President Donald Trump escalates efforts to address what he deems a persistent and unsustainable trade imbalance with Thailand.
The decision, outlined in a formal letter from the White House addressed to Thailand’s King Maha Vajiralongkorn and Suriya Jungrungreangkit, Acting Prime Minister of Thailand on July 7, underscores Washington’s commitment to recalibrating the trade relationship between the nations. President Trump emphasized the “great honor” of partnership but criticized longstanding Thai tariff and non-tariff barriers, calling the trade relationship “far from Reciprocal.”
