Thailand’s Prime Minister Paetongtarn Shinawatra announced on Tuesday that negotiations over trade tariffs between the country and the United States have been delayed as Washington has requested Bangkok to reassess certain critical issues.
The PM noted a new date for the meeting is being arranged, as the original talks were planned for April 23.
She stated that Thailand is actively reviewing pertinent issues, including the possibility of adjusting tariffs, while examining aspects related to the country’s agricultural exports and increased imports.
The Prime Minister emphasized consulting with academics and stakeholders to navigate the situation and assured that agricultural interests are being safeguarded with the aim of achieving mutually beneficial negotiations.
Thailand stands as one of the Southeast Asian countries significantly impacted by the measures introduced by U.S. President Donald Trump, potentially facing a steep 36% tariff if negotiations do not lead to a reduction before the expiration of a global moratorium in July.
Thai rice exports experienced a 30% decline in the first quarter of 2025, potentially falling short of the annual forecast of 7.5 million metric tons due to tariff implications, noted the rice export association. In the previous year, Thailand exported 9.94 million tons of rice valued at 225.65 billion baht, with the U.S. ranking as the third-largest market by volume.
The United States represented Thailand’s largest export destination last year, constituting 18.3% of total exports, or approximately $54.96 billion. Conversely, Washington reported a trade deficit with Thailand of $45.6 billion.
Meanwhile, Finance Minister Pichai Chunhavajira, who was supposed to attend the talks in Washington, mentioned that even though the negotiations have been postponed, discussions are still progressing at the working level, with no immediate plans for him to visit the United States.
