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Thailand Seeks Trade Deal to Avoid 36% U.S. Tariff
Thailand is offering new trade concessions to the U.S. in a bid to prevent a 36% tariff on its exports. Finance Minister Pichai Chunhavajira said Thailand hopes to slash its US trade surplus by 70% within five years via enhanced bilateral trade—and would even accept a tariff range between 10–20% if necessary. A revised proposal is expected before the July 9 deadline to preserve existing 10% caps
Thailand is offering new trade concessions to the U.S. in a bid to prevent a 36% tariff on its exports. Finance Minister Pichai Chunhavajira said Thailand hopes to slash its US trade surplus by 70% within five years via enhanced bilateral trade—and would even accept a tariff range between 10–20% if necessary. A revised proposal is expected before the July 9 deadline to preserve existing 10% caps
Thailand Seeks Trade Deal to Avoid 36% U.S. Tariff
Thailand is offering new trade concessions to the U.S. in a bid to prevent a 36% tariff on its exports. Finance Minister Pichai Chunhavajira said Thailand hopes to slash its US trade surplus by 70% within five years via enhanced bilateral trade—and would even accept a tariff range between 10–20% if necessary. A revised proposal is expected before the July 9 deadline to preserve existing 10% caps
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