Economy Thailand May Be Spared from US Tariff List

[webfact]

File photo courtesy of nbt WORLD

 

Thailand might sidestep high US tariffs, per Thai Commerce Minister. Thailand seems poised to be cut from a list of ten nations most likely to encounter hefty reciprocal tariffs from the United States, as Commerce Minister Pichai Naripthaphan disclosed.

 

The revelation, based on insights from a US private sector source, hints at continued strong economic ties between the two nations.

 

Although official negotiations details remain under wraps, Thai officials are proactive. Discussions with American firms, including Seagate Technology, keep diplomatic wheels turning. Potential proposals aimed at strengthening trade relationships are being prepared by the Thai delegation for future talks.

 

Thailand's export scene to the US showcases its impressive agricultural prowess. The Office of Trade Policy and Strategy states Thailand sent agricultural products worth approximately 168 billion Thai Baht to the US last year. Dog and cat food, rice, flavoured tuna, and juices top the list, contributing significantly to this figure.

 

 

 

Shifts in global trade dynamics have notably favoured Thai exports over their Chinese counterparts. High tariffs on Chinese goods have opened avenues for several Thai products in the US market. Leading the charge is Thailand's cat and dog food exports, capturing 38% of the US market share with 30.2 billion Thai Baht last year.

 

Similarly, in the rice trade, Thailand overshadows China, holding a 56% market share with exports worth 30.1 billion Thai Baht. Flavoured mackerel and other agricultural goods also register notable growth due to these trade shifts.

 

While buoyed by these prospects, the Thai export scene isn't without challenges. Competition from Chinese goods, especially garlic, green tea, and dried vegetables, looms large. Yet, with strategic navigation, Thailand remains optimistic about bolstering its market presence in the US.

 

Overall, Thailand's diplomatic dance with the US could avert tariff threats while opening broader market opportunities. The economic gains from these manoeuvres aim to sustain Thai exports in the competitive global market.

 

 

  Adapted by ASEAN Now from Thai PBS World 2025-04-29

 

 

[MalcolmB]

21 minutes ago, webfact said:

Thailand's cat and dog food exports, capturing 38% of the US market share with 30.2 billion Thai Baht last year.

 

Similarly, in the rice trade, Thailand overshadows China, holding a 56% market share with exports worth 30.1 billion Thai Baht.

Smart these Thais. 

[bdenner]

And why would Trump give Thailand special consideration while he is treating his closest allies like crap:- Canada, Mexico and then the likes of Australia who run a LARGE trade deficit with the U.S.A. Maybe Australia has not gone over there to lick his arse!

[Etaoin Shrdlu]

 "Leading the charge is Thailand's cat and dog food exports, capturing 38% of the US market share with 30.2 billion Thai Baht last year."

 

Most of this is probably product made by Mars, Inc. an American company. Mars owns the Pedigree, Iams and Royal Canin brands. Wouldn't be surprised if an American company got an exemption to the tariffs.

 

Mars also makes Snickers and Mars Bars, presumably in a different factory.

[smedly]

sounds more like wishful thinking, as usual making statements before anything is agreed, better to keep quiet until you actually have a signed document 

[ikke1959]

Thailand an exception... but as usual.. maybe, expected, hopefully.... but the reality will be different.. Thailand is just a small country and Trump is unreliable