Thailand Aims to Avert 36% Tariff with Enhanced Trade Offers to US.

Sunday, Jul 6, 2025 10:38 am ET1min read

Thailand is offering the US greater market access for farm and industrial goods, increased energy purchases, and more Boeing jet sales in a bid to avert a 36% export tariff. Bangkok's revised proposal aims to reduce Thailand's $46 billion trade surplus with the US by 70% within five years. If accepted, Thailand can waive import tariffs or non-tariff barriers for a majority of products and phase out restrictions gradually for others.

Thailand Aims to Avert 36% Tariff with Enhanced Trade Offers to US.

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