Thailand hopes for US tariffs at levels comparable to other regional countries
The US was Thailand’s largest export market in 2024, accounting for about 18.3% of the country’s total exports.
The US was Thailand’s largest export market in 2024, accounting for about 18.3% of the country’s total exports.
In the absence of a deal, Washington could impose a 36% tariff on all imports from Thailand as soon as July 9, compared with the 10% baseline tariff in effect now.
Formal trade negotiations with the US will start this week, starting with technical discussions at the official level.