Thailand–US trade talks postponed indefinitely

Trade negotiations between Thailand and the United States, aimed at resolving customs restrictions introduced under President Donald Trump's administration, have been postponed indefinitely.

The announcement was made by Thai Prime Minister Paetongtarn Shinawatra, Caliber.Az reports, citing Thai newspaper.

“They have been postponed. Further details will be available after the Cabinet meeting,” she said.

The talks had originally been scheduled for April 23, with Deputy Prime Minister and Finance Minister Pichai Chunhavajira set to lead the Thai delegation.

Prime Minister Shinawatra previously indicated that Thailand was prepared to increase imports of American aircraft and agricultural products as part of efforts to strengthen bilateral trade ties.

Note that, U.S. is Thailand's largest export market, accounting for 18.3% of its total exports, valued at $54.96 billion last year. The U.S. reported a $45.6 billion trade deficit with Thailand. The Thai government is particularly concerned about the tariffs' effects on agricultural exports, with rice exports already dropping 30% in the first quarter, threatening to miss the annual target of 7.5 million metric tons.​

In response to the tariff threat, Thailand plans to increase imports of U.S. goods, including energy, aircraft, and agricultural products, and to lower taxes on American goods. The government is also reviewing its import duty structure and non-tariff barriers to address U.S. concerns.

Additionally, Thai authorities are intensifying efforts to prevent the misuse of certificates of origin to circumvent U.S. tariffs.

By Aghakazim Guliyev