Thailand considering offering zero tariffs on more U.S. imports, finance minister says
Reuters July 14, 2025 03:00 PM
Synopsis

Thailand is planning to eliminate tariffs on additional imports from the United States. Finance Minister Pichai Chunhavajira announced this consideration. The government is also setting aside 200 billion baht for soft loans. This fund aims to mitigate the effects of tariffs. A 36% tariff from Washington looms if no agreement is reached by August 1.

Thailand Finance Minister Pichai Chunhavajira
Thailand is considering offering zero tariffs on more U.S. imports, the finance minister said on Monday.

The government is also preparing 200 billion baht ($6.1 billion) worth of soft loans to ease the impact of tariffs, Finance Minister Pichai Chunhavajira told a business seminar.

Thailand faces a 36% tariff from Washington if a deal cannot be reached before August 1.

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