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Businesses urged to find new export markets

Bangkok Post

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May 14, 2025

Amata chief calls for increased urgency

- LAMONPHET APISITNIRAN

Businesses urged to find new export markets

Thai entrepreneurs should start seeking new export markets as US President Donald Trump's tariff policy scheduled to take effect in July could increase trade risks, says Vikrom Kromadit, chairman and acting chief executive of industrial estate developer Amata Corporation Plc.

Trump slapped a 36% tariff on Thai exports to the US starting on April 9, then decided to postpone enforcement for 90 days to allow Thailand to negotiate to address the trade imbalance between the two countries.

Thailand's trade surplus with the US last year was the 11th-largest in the world, exceeding US$35 billion or 1.2 trillion baht.

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