Thailand-US Tariff: 19% Reciprocal Tariff and Trade-Policy 2026
The Trump administration imposed a 19% reciprocal tariff on Thai goods imported to US (October 2025 framework, lowered from initial 36% threat), affecting electronics, automotive parts, jewellery, processed-food, rubber-product exports. Thai government negotiated reductions via market-access concessions on US agricultural imports. USTR Thailand framework negotiated late 2025; Thai-US trade volumes face structural rebalancing 2026-2028.
Key takeaways
- 1
Trump 2.0 imposed reciprocal tariff on Thai goods October 2025 (down from initial threat).
- 2
Affected: electronics, automotive parts, jewellery, processed food, rubber products.
- 3
Thai MoC negotiated reduction via US agricultural-import market-access concessions.
- 4
- 5
Sectoral impact: electronics largest absolute; rubber/jewellery higher % of revenue.
- 6
Compensatory: BOI export-shock-mitigation, EXIM export-credit expansion.
Questions this report answers
What's the tariff structure? Per USTR October 2025: reciprocal tariff on Thai goods imported to US, reduced from initial April 2025 threat via Thai MoC negotiation. Concessions: increased US agricultural imports (corn, soybeans, beef), market-opening on US automotive standards.[, ]
What's the sectoral impact? Per Bangkok Post: electronics largest absolute exposure (PCBs, hard drives via WD, Seagate, KCE); automotive parts second (transmission, engine components via Aapico, Sahaviriya); rubber products (gloves, tyres) and jewellery (Pranda finished ornament) higher percentage-of-revenue exposure.[]
What's the mitigation? Per BOI: export-shock-mitigation incentive package providing tax-holiday extensions and import-duty exemptions for affected Thai manufacturers. EXIM Bank export-credit facility expanded. Watch BOI compensatory-incentive uptake and supply-chain re-routing through ASEAN partners (Vietnam, Malaysia).[]
Executive summary
Trump 2.0 reciprocal tariff on Thai goods (October 2025, down from ). Electronics, automotive parts, jewellery, processed food, rubber products affected.[]
Thai MoC negotiated reduction via US agricultural-import concessions. Thai-US bilateral trade ~ (2024); Thai surplus.[]
Sectoral: electronics largest absolute; rubber/jewellery higher %. BOI export-shock-mitigation, EXIM export-credit expansion. Watch supply-chain re-routing.[, ]
Thailand-US 19% tariff structure
Tariff rate
Value
19% (October 2025)
Notes
Down from 36% initial.
Bilateral trade
Value
~USD 70-80B (2024)
Notes
Thai surplus on goods.
Largest absolute exposure
Value
Electronics (PCB, HDD)
Notes
WD, Seagate, KCE, Hana.
Highest % exposure
Value
Rubber products, jewellery
Notes
Pranda, glove makers.
Negotiation concessions
Value
Agricultural imports, auto standards
Notes
Corn, soy, beef.
Mitigation
Value
BOI, EXIM compensatory
Notes
Tax/duty exemption, export credit.
| Metric | Value | Notes |
|---|---|---|
| Tariff rate | 19% (October 2025) | Down from 36% initial. |
| Bilateral trade | ~USD 70-80B (2024) | Thai surplus on goods. |
| Largest absolute exposure | Electronics (PCB, HDD) | WD, Seagate, KCE, Hana. |
| Highest % exposure | Rubber products, jewellery | Pranda, glove makers. |
| Negotiation concessions | Agricultural imports, auto standards | Corn, soy, beef. |
| Mitigation | BOI, EXIM compensatory | Tax/duty exemption, export credit. |
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