In a statement released on August 1, 2025, the Minister of Foreign Affairs of Thailand expressed appreciation for the United States’ announcement regarding the reduction of reciprocal tariff rates on Thai goods from 36% to 19%. This development is seen as a positive step in strengthening the countries’ trade relations, with the US being one of Thailand’s most important trading partners and primary destination for Thai exports.
The move reflects the close and constructive cooperation between Thailand and the US in promoting freer and more balanced trade. The two nations have a longstanding alliance and strategic partnership that has contributed significantly to shared prosperity, peace, and security in the region. With this enhancement, Thailand remains committed to working closely with the US to further advance their alliance and strengthen economic partnerships.
Thailand values its enduring friendship with the US, which has been built on mutual respect, trust, and cooperation. The countries have a long history of collaborative efforts in various areas, including trade, investment, and security. By reducing tariff rates, both nations aim to promote trade liberalization, increase economic opportunities, and foster growth for all parties involved.
The reduction in tariffs is seen as a significant step forward in enhancing bilateral trade ties between Thailand and the US. It reflects the commitment of both countries to strengthen their economic partnership and work towards shared goals, including promoting free and open trade. This development is expected to have a positive impact on Thai businesses and exporters, enabling them to access new markets and expand their customer base.
In conclusion, the US announcement regarding the reduction of reciprocal tariff rates on Thai goods marks an important milestone in strengthening bilateral trade relations between Thailand and the US. As two like-minded nations, they will continue to work together to promote economic growth, stability, and prosperity for all parties involved.
- Thailand welcomes the US announcement regarding the reduction of reciprocal tariff rates on Thai goods from 36% to 19%.
- The move reflects the close and constructive cooperation between Thailand and the US in promoting freer and more balanced trade.
- Thailand values its enduring friendship with the US, which has been built on mutual respect, trust, and cooperation.
- The reduction in tariffs is seen as a significant step forward in enhancing bilateral trade ties between Thailand and the US.