Key Metrics
10.83
Heat Index-
Impact LevelMedium
-
Scope LevelNational
-
Last Update2025-11-10
Key Impacts
Positive Impacts (10)
Negative Impacts (1)
Event Overview
A reciprocal trade agreement between Thailand and the United States has been established, focusing on significant tariff reductions. The deal highlights a strategic economic partnership, with broad implications for both nations' industries and agricultural sectors, enhancing market access and fostering bilateral trade relations.
Collect Records
Thailand and US Agree on Reciprocal Trade Association Framework
Thailand and the United States have agreed on a reciprocal trade association framework. Under this agreement, Thailand will eliminate 99% of its tariff barriers, covering all U.S. industrial products, food, and agricultural products. The U.S. will maintain a 19% reciprocal tariff on Thai goods, but specific items on a designated list will be subject to zero tariffs.