Government to hold US tax talks in late August 2026, pushing for exemptions on remaining 28% of goods
GeopoliticsMacro
The government is preparing for technical tax negotiations with the United States in late August 2026. Deputy Prime Minister and Commerce Minister Supachai Suthamphan will bring trade, investment, and production chain data to the talks to push for the lowest possible tariff rates or additional exemptions for the remaining Thai goods. According to Commerce Ministry data, about 72% of Thai goods under Section 301 and Section 232 measures have already been exempted, while the remaining 28% still require supporting data for negotiations. This figure represents the share of product items within the measure framework, not the share of Thailand's total export value to the United States. The government affirmed that there are no military cooperation conditions tied to tariff benefits, and that accumulated investment of nearly 20 billion US dollars by the Thai private sector, plus additional investment plans of more than 5 billion US dollars, reflect mutual economic interests rather than conditions exchanged for tariff exemptions.
