Thailand Plans US Trade Talks to Address 36% Tariff

Thailand is preparing to negotiate with U.S. officials next week to seek relief from a proposed 36% reciprocal tariff on its goods, which could significantly impact its economy. A delegation led by Deputy Prime Minister and Finance Minister Pichai Chunhavajira will finalize proposals aimed at reducing Thailand's substantial $46 billion trade surplus with the U.S. before the April 21 talks in Washington, D.C. The Thai government is also focusing on diversifying its export markets and enhancing local industries to mitigate the effects of U.S. tariffs. In parallel, efforts are being made to strengthen ties with U.S. agricultural states and ensure compliance against export fraud. Former Prime Minister Thaksin Shinawatra emphasized the need for national unity and collective effort in addressing the external economic challenges posed by the ongoing trade war.