US EditionThailand to increase US imports, lower taxes in tariff response
- Thailand plans to increase imports from the US and lower some import taxes to negotiate better terms on a 36% tariff imposed by the US, according to Finance Minister Pichai Chunhavajira.
- The US Trade Representative has listed Thailand's high trade barriers, including lax intellectual property protection and import regulations, as major issues affecting trade relations.
- Thailand's trade surplus with the US was $45 billion in 2024, leading to the increased tariff that could impact Thailand's growth by one percentage point in 2025, as mentioned by Pichai Chunhavajira.
- To balance trade with the US within ten years, Thailand will consider importing various US goods, including corn, soybeans, and liquefied natural gas, as stated by Prime Minister Paetongtarn Shinawatra.
12 Articles
12 Articles
Colorado Springs Gazette
Thailand to increase US imports, lower taxes in tariff response
BANGKOK (Reuters) - Thailand will increase U.S. imports, lower some of the higher taxes on American goods and address non-tariff barriers, the finance minister said on Tuesday, as the government seeks to negotiate a better deal on new U.S. tariffs.
Thailand to Boost U.S. Imports, Reduce Tariffs Amid Trade Tensions - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info
In a notable shift in global trade dynamics, Thailand has announced plans to increase imports from the United States and lower tariffs on a range of American products, including pork, […] The post Thailand to Boost U.S. Imports, Reduce Tariffs Amid Trade Tensions appeared first on Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info.
Thailand Tackles US Tariffs: Plans for Trade Reform Unveiled
File photo for reference only Thailand is on a mission to tackle a hefty 36% tariff on its exports to the United States. Finance Minister Pichai Chunhavajira announced plans to reform the country’s import duty structure and non-tariff barriers in a bid to mitigate the impact. With a strategy to b...
Top National Thailand Stories From the Past Week: U.S. President Imposes 10 Percent Base Tariff, Thailand Hit with 36 Percent Rate and More - The Phuket Express
The Phuket Express =-=-=-=-=-=-=-=- Here is a look at the top NATIONAL Thailand stories, chosen by our Pattaya News/TPN National team, from last week, Monday, March 31st, to Sunday, April 6th, 2025. They are not in any particular level of importance but are listed in the order of date of publication. Let’s get started and see what the top […] Top National Thailand Stories From the Past Week: U.S. President Imposes 10 Percent Base Tariff, Thailan…
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