US slaps 19% tariff on Thailand: what it means

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US slaps 19% tariff on Thailand: what it means

 

The White House has announced a 19% reciprocal tariff on Thai goods—part of a broader realignment affecting ~100 countries. According to reporting adapted from Thai Enquirer, the US initially signalled a 36% rate from April 2, 2025, but intense talks trimmed Thailand’s rate to 19% by August 1, 2025. Context: Vietnam accepted 20% alongside full market access for US products, while Indonesia and Malaysia also landed at 19% but agreed to wider openings for American goods. Thailand held a firmer line on access, setting the stage for knock‑on effects across autos, agriculture, electronics and consumer goods. What to watch: (1) any Thai concessions on non‑tariff barriers; (2) price pass‑through for US consumers and Thai exporters; (3) supply‑chain shifts if margins get squeezed; and (4) whether Bangkok pursues targeted relief or diversifies export markets.