Source link : https://asia-news.biz/asia/yemen/thailand-zero-tariffs-us-goods-trade-proposal/
Thailand has submitted a new trade proposal aimed at boosting economic ties with the United States by offering zero tariffs on a wide range of American goods. The move signals Bangkok’s commitment to deepening bilateral trade relations and enhancing market access for U.S. exporters amid a shifting global trade landscape. The proposal, detailed in official communications reviewed by Yahoo Finance, outlines key sectors set to benefit from tariff reductions, potentially paving the way for increased investment and economic cooperation between the two countries.
Thailand unveils comprehensive trade proposal aiming to eliminate tariffs on key US exports
In a strategic move to deepen economic ties between the two nations, Thailand has proposed a sweeping trade agreement aimed at removing tariffs on a broad array of American exports. The proposal is designed to enhance market access for key US industries, ranging from agriculture to technology, making American products more competitive within the Thai market. By eliminating tariffs on items such as machinery, electronics, and agricultural commodities, Thailand hopes to stimulate bilateral trade and foster a more robust economic partnership.
The proposal highlights several sectors slated for tariff elimination, including:
- Agriculture: Soybeans, corn, and dairy products
- Manufacturing: Industrial machinery and automotive parts
- Technology: Semiconductors and telecommunications equipment
| Sector | US Exports Affected | Proposed… |
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Author : Miles Cooper
Publish date : 2025-07-09 02:13:00
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