BANGKOK (Bernama) – Thailand’s Deputy Prime Minister and Finance Minister, Pichai Chunhavajira, will visit the United States (US) next week to hold discussions with public and private sector representatives, as well as other key stakeholders, following the imposition of a 36 per cent retaliatory tariff on Thai exports to the US.
Prime Minister Paetongtarn Shinawatra said the visit is aimed at engaging all parties affected by the tariff decision following the Trump administration’s imposition of a minimum 10 per cent tariff on imports from all countries under its Reciprocal Trade and Tariffs policy.
“What we aim to communicate to the US government is that Thailand is not merely an exporter—we are a trusted economic partner and a long-term ally,” she said in a statement on Sunday.
Paetongtarn added that Thailand will also enter into negotiations to promote Thai investment in the US and work towards reducing import barriers.
“We will also address the misuse of Thailand as a transshipment point for goods falsely claiming Thai origin to enter the US. I am confident that these proposals will lead to successful negotiations, ensuring that Thailand and the United States remain allies and friendly trading partners.
“Furthermore, the government is open to listening and engaging in further dialogue with the US. We assure the Thai people that all proposals have been carefully prepared with the utmost concern for the people and Thailand’s national interests—supporting both our businesses and all those involved in the Thai economy,” she said.
On Thursday, the Trump administration imposed a minimum 10 per cent tariff on imports from all countries under its Reciprocal Trade and Tariffs Policy. For Thailand, this retaliatory tariff has been set at 36 per cent, taking effect from April 9.
Nevertheless, Paetongtarn said the Thai government would accelerate efforts to expand into new export markets to help diversify risks across the Thai business sector.
“Our trade negotiations will focus on opening new markets in the Middle East, Europe, and India. We will also expedite Free Trade Agreement (FTA) negotiations,” she added.
She said a meeting would be held next Tuesday with the committee and all relevant agencies to address the issue and to conclude strategic directions that prioritise the national interest.
“Let me reiterate that the government will do everything possible to protect our country’s interests, build a resilient and competitive Thai economy, and ensure that Thailand moves forward with dignity—for our beloved country,” she said.
