BANGKOK: Thailand’s finance and commerce ministers will lead a delegation to the USA to satisfy Trump administration officers and push for aid from deliberate heavy tariffs, a authorities spokesperson stated on Monday (Apr 14).
An advance staff led by Finance Minister Pichai Chunhavajira will journey to the USA on Thursday for conferences with non-public sector teams, with Commerce Minister Pichai Naripthaphan to affix later, spokesperson Jirayu Houngsub stated.
The Thai delegation expects to satisfy with US authorities representatives on Monday, Apr 21, he stated.
Thailand is going through a 36 per cent tariff beneath US President Donald Trump’s commerce measures, and is hoping to make use of a 90-day pause on the levies to organize a response.
The US was Thailand’s largest export market final 12 months, with shipments of US$55 billion. Washington has put its bilateral commerce deficit with Thailand at US$45.6 billion.
Thailand’s technique will give attention to industries the place the US and Thailand share pursuits, similar to pet meals, opening markets, and growing US imports, Jirayu stated.
He additionally stated there could be stricter inspections on Thai exports to make sure different international locations weren’t utilizing Thailand to bypass US taxes.
Thai officers have beforehand stated they might improve US imports, lower tariffs on corn and improve joint investments in the USA.
