Exporters Warned: US Tax Volatility Rises, Experts Call for Government Intervention

The Thai Chamber of Commerce and the Thai Chamber of Commerce Council are monitoring the increasing uncertainty in US tax policies following potential changes in import tariff measures. The US has announced an increase in global import tax rates from 10% to 15%, signaling that tax policies will continue to be used as a strategic economic tool affecting exporters worldwide, including Thailand. Pojn Aramwattananon, Chair of the Thai Chamber of Commerce, emphasized that these tax policy shifts will create significant challenges for Thai exporters. Key concerns include rising costs, potential competitive disadvantages, and ongoing regulatory uncertainties that could impact business planning and investment strategies. The situation demands proactive measures from the Thai government, including collaborative efforts between various ministries to negotiate and protect Thai business interests. Thailand must continue pursuing clear trade negotiations and economic cooperation with the US to help exporters confidently plan their business strategies.