Thailand at ‘last paragraph’ of US trade agreement, says PM
Anutin Charnvirakul said he expected to sign the deal during US President Donald Trump's next visit to Asia.
Thailand finds itself at the "last paragraph" of a trade agreement with the United States, Prime Minister Anutin Charnvirakul announced on Wednesday at a forum in Singapore. Speaking to reporters, Anutin expects to sign the Reciprocal Trade Agreement during President Donald Trump's upcoming visit to Asia in November, either in Manila or Shenzhen, where Trump will attend Asean meetings.
Anutin revealed that he received a letter from Trump last week, confirming that the deal is in its final stages. He stated that it is his responsibility to ensure that his officials and the United States Trade Representative draft the final clause of the agreement.
In July, the United States imposed a 12.5% tariff on imports from Thailand. As Thailand's largest export market, the United States accounts for 24% of the southeast Asian country's total exports so far this year.
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