The Thai parliament has held an urgent debate to explore solutions for mitigating the impact of the US reciprocal tariff. Meanwhile, the government has unveiled its five key measures in response to the tariff.

Thailand faces a 37% tariff rate on all exports to its largest market, the US, following the announcement of global ‘reciprocal tariffs’, putting its economy at risk of a 1% loss of GDP. Simultaneously, a surge in Chinese imports looking for new markets is adding pressure, raising concerns about exacerbated economic strain.