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Pichai: US rate likely to be revealed by Saturday
Bangkok Post
|July 30, 2025
US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.
Following an agreement for an unconditional ceasefire along the Thai-Cambodian border, Mr Pichai said negotiations with the US are ongoing. He said many issues have been concluded, with only a few remaining.
"The tariff rate should not be 36%. When the US announces its decision depends on its time frame. It could be Aug 1 or 2," said Mr Pichai.
"I believe the announcement will happen soon."
US President Donald Trump previously announced on X if Thailand and Cambodia failed to agree to a ceasefire, the US would not proceed with tariff negotiations with either country.
Following the ceasefire agreement, Trump announced he asked US officials to resume trade negotiations with the duo.
"We must consider both national security and economic matters," said Mr Pichai.
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