The effect of reciprocal tariffs from Trump's policy

Last updated: 13 Jun 2025 | 39 Views |

2 April 2025, President Donald Trump announced the imposition of reciprocal tariffs on approximately 60 countries with trade surpluses against the United States. This measure has severely impacted Asia, and Thailand facing import tariffs as high as 37%

Since the U.S. is Thailand’s second-largest trading partner and a major export market—accounting for 54.95 billion USD (18.29%) of Thailand’s total exports in 2024—this policy significantly affects the Thai economy.

Based on 2024 export data, The Top 10 Thai export products most likely to be impacted are as follows:

The Thai Government response and negotiated with U.S. by proposing five key measures as follows;

1.     Enhance cooperation in processed food businesses between Thailand and the U.S.

2.     Increase imports of U.S. goods.

3.     Open markets and reduce trade barriers.

4.     Solve the problem of Subrogation.

5.     Promote Thai investment in the U.S., which would create jobs and mutual benefits.

While waiting for the results of the trade negotiations, Thailand has had the reciprocal tariffs reduced to the base 10 % for a period of 90 days.

For the final conclusion, we will have to keep following…

Reference:

https://techsauce.co/news/us-reciprocal-tariff-thailand-analyst

https://www.amarintv.com/spotlight/economy/510960

https://www.amarintv.com/spotlight/economy/510960

https://www.bangkokbiznews.com/business/economic/1181206

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