Statement of the Prime Minister: Thailands Stance on U.S. Trade Policy and Reciprocal Tariffs
The government wishes to inform the public that Thailand has signaled its readiness to engage in discussions with the U.S. government at the earliest opportunity to rebalance trade fairly for both sides, minimizing the impact on relevant sectors. A U.S. Trade Policy Task Force, established on January 6, 2025—prior to President Trump's official inauguration—has been tasked with working alongside government and private sectors. Over the past three months, this task force has closely and comprehensively monitored and assessed developments to prepare a "proposal to rebalance trade with the U.S." that is substantive enough to incentivize the U.S. to enter negotiations with Thailand. This proposal aims to minimize the impact on farmers, consumers, and businesses in related sectors. Simultaneously, Thailand may seize this opportunity to restructure production, reduce costs, and enhance long-term competitiveness in certain industries.
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