Thai rubber prices take hit as Trump tariffs sap auto demand

Thai rubber prices take hit as Trump tariffs sap auto demand Thai rubber prices take hit as Trump tariffs sap auto demand

BANGKOK — Natural rubber prices in Thailand are slumping, as growing economic uncertainty sparked by U.S. trade tariffs dampen consumer appetite for new cars.

International prices on natural rubber, a main raw material for tires, may hinge on how Thailand — the world’s biggest rubber producer — negotiates with the U.S. on President Donald Trump’s “reciprocal” tariffs levied against Thailand and dozens of other countries.