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Thailand Aims to Cut $46B Trade Surplus with US

7/7/2025

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Summary

Story summary

Thailand is taking proactive steps to avert a hefty 36% export levy from the Trump administration. By promising greater market access for American products and ramping up purchases of energy and Boeing jets, Finance Minister Pichai Chunhavajira aims to slash the nation’s $46 billion trade surplus with the US by 70% over the next five years.

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Story summary

Thailand is taking proactive steps to avert a hefty 36% export levy from the Trump administration. By promising greater market access for American products and ramping up purchases of energy and Boeing jets, Finance Minister Pichai Chunhavajira aims to slash the nation’s $46 billion trade surplus with the US by 70% over the next five years.