Thai Business Group Urges Swift Action Amid U.S. Trade Policy 'Panic'

As the Thai National Shippers' Council (TNSC) sounded the alarm over potential U.S. trade measures, businesses across the country are bracing for impact. With the U.S. threatening to impose tariffs on Thailand, the TNSC has urged the government to take swift action to mitigate the potential negative effects on Thailand's export growth target for 2025.

The TNSC, in a statement released on March 6, 2025, expressed concerns over the potential impact of U.S. trade policies under President Donald Trump. The council called for the establishment of a task force to analyze the implications of U.S. trade measures, particularly if the U.S. imposes tariffs on Thailand. Council Chairman Chaichan Charoensuk emphasized the need for cohesive strategies that align both public and private sectors, highlighting the importance of clarifying Thailand's stance in upcoming negotiations.

The U.S. trade measures have had a significant impact globally, as evidenced by the recent agreements between President Trump and the leaders of Canada and Mexico to enhance border security and anti-drug enforcement. Meanwhile, the deadline for the 10% tariff on China passed without formal implementation, though China has already retaliated.

To mitigate potential negative effects, the TNSC outlined 14 strategic measures to strengthen Thailand's competitiveness. These measures include adopting a neutral stance on the U.S.-China trade conflict, bolstering supply chains and logistics, and expanding exports to emerging markets like India and the Middle East. The council also urged Thai businesses to maximize the benefits of existing free trade agreements.

The Thai business community is understandably concerned about the potential impact of U.S. tariffs on their operations. However, the TNSC's strategic measures offer a roadmap for businesses to adapt and thrive in the face of these challenges. By diversifying export markets, strengthening supply chains, and leveraging existing free trade agreements, Thai businesses can maintain their competitiveness in the global market and explore new opportunities in emerging markets.

As the Thai government considers its response to the U.S. trade measures, it is crucial to engage with the private sector and implement the TNSC's strategic measures. By working together, Thailand can navigate the challenges posed by U.S. tariffs and ensure the country's export growth target for 2025 is met.

In conclusion, the Thai National Shippers' Council's call for action from the government amid the 'panic' over U.S. trade policy highlights the importance of swift and strategic responses to mitigate the potential negative effects on Thailand's export growth target for 2025. By adopting the TNSC's strategic measures, Thai businesses can adapt, thrive, and explore new opportunities in the face of U.S. tariffs.