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US Import Tax on Thai Goods Remains Unchanged

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File photo for reference only

 

The Thai government has confirmed that reports claiming the United States reduced its import tariffs on certain Thai goods to zero percent are inaccurate. Commerce Minister Suphajee Suthumpun clarified that negotiations are ongoing and no agreement has been reached. Consequently, Thai exporters must continue paying the existing 19% import tax to the US.

 

The statement was made amid speculation that US President Donald Trump had approved a tariff reduction for selected items from Southeast Asian countries including Malaysia, Cambodia, and Thailand. Minister Suphajee addressed these rumors following her return from the ASEAN Summit in Kuala Lumpur, reiterating that the US tariff remains at 19% for the relevant goods.

 

Experts suggest that while the strengthened bilateral ties between the US and Thailand could potentially lead to tariff changes, no modifications have been confirmed as of now. The ongoing trade talks have kept the business community hopeful but cautious. A 0% tariff, if achieved, could significantly benefit Thai exporters, increasing their competitiveness in the American market.

 

Looking ahead, the focus remains on the progress of negotiations between the US and Thailand. Both nations aim to bolster economic relations, and any future agreements could see adjustments in trade policies. For now, businesses involved in US-Thai trade need to operate within the current tax framework while awaiting any potential changes.

 

Key Takeaways

  • The US maintains a 19% import tax on certain Thai goods.
  • Negotiations for tariff adjustments are ongoing without a finalized agreement.
  • Speculation arose from Minister Suthumpun’s post-ASEAN Summit remarks.

 

Related Stories

Trump Weighs Furniture Tariffs ; Thai Exports in the Balance

US Tariffs : Thailand's Trade Stance Remains Steady

 

image.png  Adapted by ASEAN Now from The Nation 2025-10-29

 

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