BANGKOK, Thailand – The Commerce Ministry is continuing trade consultations with the United States after Washington imposed additional tariffs under Section 301 of the Trade Act of 1974, seeking an agreement that protects Thailand’s interests and supports long-term competitiveness. Deputy Prime Minister and Commerce Minister Suphajee Suthumpun said Thailand is pursuing a balanced outcome that preserves its trade relationship with the US without affecting public health, national security, or the government’s ability to set domestic policy. She stressed that any agreement must serve the country’s overall interests rather than be rushed.
The US imposed an additional 12.5% tariff on Thai imports under its forced labor enforcement determination, replacing the previous 10% Section 122 tariff that expired on July 24. However, 2,120 Thai products—including integrated circuits, hard disk drives, aircraft parts, natural rubber, tapioca starch, pineapples, fresh fruits, coconuts, and cane sugar—are exempt, accounting for more than half of Thailand’s export value to the US. The ministry is also monitoring a separate US Section 301 investigation into structural excess capacity while preparing support measures for affected businesses, including low-interest loans, tax assistance, and improved logistics. The agency is now working to expand exports to new markets while maintaining existing partners to reduce reliance on any single market. (NNT)
