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Thailand to propose five measures in tariff negotiations with the US

Thailand to propose five measures in tariff negotiations with the US

14 Sept 01:22 Key points summarised by AI
  • Thailand will propose five measures to the United States on April 23rd in Washington DC, aiming to alleviate the impact of 36% reciprocal tariffs on Thai exports.
  • The proposed measures include opening the Thai market to US farm products, boosting imports of US-made goods, tightening screening of re-exported products, promoting Thai investments in US processing industries, and fostering cooperation in mutually supportive industries.
  • Thailand plans substantial imports of US liquefied natural gas (LNG) and ethylene gas as part of its proposals to the US.
  • Finance Minister Pichai Chunhavajira stresses a unilateral approach to address the tariffs while simultaneously pursuing a collective strategy with ASEAN member states.
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Economy 1/1
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