Thai-US tariff agreement (10 main terms)
1. Thai-US tariff agreement (10 main terms)
1. Reduce almost all tariffs → Open up more goods markets between them.
2.Expand import quotas of agricultural products from the US → such as corn, barley, soybeans
3.Prevent certain types of strategic goods → Do not reduce taxes, such as rice, sugar, processed fruits
4. Maintain the original tariff on important goods → to protect Thai farmers and producers
5. Comply with conditions to reduce Thai-Cambodian border tensions
6. Open Market Invitation → Let the United States set up a manufacturing / investment base in Thailand.
7. Cooperate on security → In exchange for tax benefits
8. Reduce the US "return tax" → from 36% to 19%.
9. Start using 1 Aug 2025
10. Focus only on trade and investment → No other side conditions are hidden.
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