Thailand Mulls Zero Duty for More US Goods to Win Tariff Deal

Thailand is weighing allowing zero-duty market access for more US goods to help persuade the Trump administration to lower a threatened 36% tariff on its exports.

Thailand, which has previously cut tariffs on imports of longan and tilapia fish from other countries, could lower the levy for the US on those goods to zero, Finance Minister Pichai Chunahavajira said. The government may also amend existing regulations to allow left-hand drive vehicles from the US and eliminate taxes on goods already included in free-trade agreements with other countries, he said.