Bangkok, July 18 -- Thai Deputy Prime Minister and Minister of Finance Pichai Chunhavajira on July 18 expressed his expectation that the US's final reciprocal tariff rate imposed on Thailand's exports will align closely with other countries in the region, likely settling at approximately 20%. The official stated that his discussions with the United States Trade Representative (USTR) a day earlier were "good" and focused on clear issues. The US indicated that Thailand's revised offer showed "very substantial improvement," he said. Pichai noted that while reducing import barriers for certain US goods might be minor in value, it could impact domestic agriculture, industry, and the SME supply chain. The government, he assured, is committed to...
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