Preferential Rate under US-Thailand Trade Agreements
0%
Applicable under the Thailand-United States Free Trade Agreement provisions for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Thailand Trade Agreement Talks Progress
Recent discussions between the US and Thailand have focused on reducing tariffs for seasonal agricultural imports under specific HS Codes, including those entered for consumption between May 1 and August 31.
August 15, 2023
Impact: This could lower costs for US importers of Thai agricultural products during the specified period, potentially increasing trade volume.
Thailand Seeks Exemption from US Tariffs on Seasonal Goods
Thailand has requested exemptions from certain US tariffs on goods classified under HS Codes for consumption between May 1 and August 31, citing mutual economic benefits.
July 10, 2023
Impact: If approved, this exemption could boost Thai exports to the US during the peak season, enhancing bilateral trade relations.
US Imposes New Compliance Checks for Thai Imports
The US Customs and Border Protection announced stricter documentation requirements for Thai imports under specific HS Codes entered for consumption from May 1 to August 31.
June 5, 2023
Impact: This may lead to delays in customs clearance and increased compliance costs for Thai exporters during the specified period.
Policy Updates
Update to US Tariff Schedule for Seasonal Imports from Thailand
The US Trade Representative has revised tariff classifications for certain HS Codes related to goods entered for consumption between May 1 and August 31, introducing a temporary reduced rate for Thai imports to encourage seasonal trade.