New U.S. Tariffs Hit Thailand: What It Means for Trade
Thailand Faces Economic Pressure as U.S. Imposes 37% Tariffs, Threatening Key Export Sectors The United States has rolled out sweeping tariff hikes, impacting Thailand’s $63.3 billion export market. Effective April 5, a 10% baseline tariff applies to all Thai goods entering the U.S., followed by a 37% “reciprocal” rate on April 9. This is a…