Thailand Opens Door to US Corn Under Its Zero-Tariff Pledge

Thailand plans to scrap levies and sharply expand its feed-corn import quota next year to make room for American supplies, part of its concessions in US trade negotiations.

The Thai government will raise the annual quota for feed-corn imports to one million tons, from 54,700 currently, while cutting the existing 20% in-quota tariff to zero, government spokesman Siripong Angkasakulkiat said Tuesday.