The Trump Tariffs: What are the Impact and Measures on Thailand?
Outlining the sweeping effects of the U.S. administration’s new “Liberation Day” tariff measures, which impose a 36% levy on Thai exports—starting with 10% on April 5 and an additional 26% on April 9, this short report covers the impacts that will befall Thailand in the days to come.
Aimed at addressing the U.S. trade deficit and protecting domestic industries, these tariffs mark a significant shift in global trade dynamics. While certain goods, including specific raw materials and in-transit shipments, may be exempt, the broader impact on Thai exporters is substantial.
PwC urges Thai businesses to act swiftly—assessing rising U.S. operating costs, reviewing supply chain exposure, and planning mitigation strategies to remain competitive. How well is are business in Thailand prepared to weather this new wave of trade disruption?