Suphajee to Negotiate US ART Taxes End of August

Khaosod•Economy•8d ago

Reader Briefing

Deputy Prime Minister and Commerce Minister Suphajee Suthamphan will lead technical negotiations on the Agreement on Reciprocal Trade (ART) regarding US import taxes at the end of August.

•Suphajee Suthamphan will travel to negotiate the Agreement on Reciprocal Trade (ART) regarding US import taxes under Section 301 at the end of August.
•Thailand currently has tax exemptions for approximately 72% of products, with 28% still subject to taxes.
•The Thai government will utilize private sector investment as a bargaining tool to protect national interests.

Overview

•Suphajee Suthamphan scheduled technical discussions on the Agreement on Reciprocal Trade (ART) for the end of August.
•Suphajee Suthamphan will travel with a technical team to negotiate US import taxes under Section 301.
•Suphajee Suthamphan stated that trade policy alone is insufficient for negotiation because Thailand has a significant trade surplus with the US.
•Suphajee Suthamphan intends to use private sector investment and other support mechanisms as bargaining leverage.
•Suphajee Suthamphan asserted that Thailand will not concede on proposals from the US that are deemed 'red lines'.
•Suphajee Suthamphan previously met with the US Commerce Secretary to discuss a broader perspective beyond the trade balance.
•Suphajee Suthamphan noted that over 2,000 items have received exemptions, totaling approximately 72% of products when including Section 232 negotiations.
•Suphajee Suthamphan and her team will identify additional products that can be proposed for tax exemptions.

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Key Entities

Person

Suphajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce of Thailand.

Place

Government House(ทำเนียบรัฐบาล)ℹ️

The location where Suphajee Suthamphan made her statements on August 6, 2026.

United States(สหรัฐฯ)ℹ️

The country with which Thailand is negotiating import taxes and the Agreement on Reciprocal Trade.

Policy

Agreement on Reciprocal Trade(ข้อตกลงการค้าต่างตอบแทน)

A trade agreement referred to as ART involving US import taxes.

Law

Section 301(มาตรา 301)ℹ️

The US legal provision regarding import taxes being negotiated by Thailand.

Section 232(มาตรา 232)ℹ️

A legal provision under which Thailand has previously negotiated tax exemptions.