A delegation led by the Finance Minister is set to engage in discussions regarding reciprocal tariffs and the potential consequences of a global trade war.
A delegation from the Thai government, headed by the Finance Minister, is preparing to visit the US to engage in discussions about the effects of recent US trade policies.
This initiative follows the announcement by the US President regarding reciprocal tariffs on several nations, Thailand included, which is facing a 37% tariff on its export goods to the US. The Thai Prime Minister has indicated that the delegation will highlight Thailand's position as both an exporter and a dependable long-term economic partner.
The nation aims to lessen the impact of the new trade measures, which are anticipated to influence Thai exports such as electronics, processed foods, and agricultural products.
In the course of the negotiations, Thailand has developed proposals to boost imports from the US, encompassing energy, aircraft, and agricultural items, while also seeking to enhance collaboration across various sectors.
Additionally, the Thai government intends to encourage investment in the US and tackle import barriers.
Talks aimed at alleviating the repercussions of US trade policies are set to occur on April 8.
This initiative follows the announcement by the US President regarding reciprocal tariffs on several nations, Thailand included, which is facing a 37% tariff on its export goods to the US. The Thai Prime Minister has indicated that the delegation will highlight Thailand's position as both an exporter and a dependable long-term economic partner.
The nation aims to lessen the impact of the new trade measures, which are anticipated to influence Thai exports such as electronics, processed foods, and agricultural products.
In the course of the negotiations, Thailand has developed proposals to boost imports from the US, encompassing energy, aircraft, and agricultural items, while also seeking to enhance collaboration across various sectors.
Additionally, the Thai government intends to encourage investment in the US and tackle import barriers.
Talks aimed at alleviating the repercussions of US trade policies are set to occur on April 8.