Trump Implements New Import Tariffs; Thailand Faces 12.5% Rate
The U.S. imposed new import tariffs of 10-12.5% on 60 countries and the EU, with Thailand facing the higher 12.5% rate alongside China, Japan, South Korea, and Vietnam. The increase from the previous temporary 10% rate takes effect immediat
On July 24, 2025, the U.S. government under President Donald Trump announced a new set of import tariffs covering 60 countries and the European Union, with rates set at 10% and 12.5%, effective immediately to replace the expiring temporary 10% tariff. Thailand has been placed in the group subject to a 12.5% tariff, alongside China, Japan, South Korea, and Vietnam, representing an increase from the previous temporary rate of 10%. Countries deemed by the U.S. to have stronger measures against forced labor will pay 10% instead.
The policy change came after the U.S. Supreme Court ruled that tariff collection under emergency law (IEEPA) was unlawful, prompting the Trump administration to shift to authority under Section 301 of the Trade Act of 1974, which has clearer legal backing. However, certain products such as oil, gas, fertilizer, and specific items have been exempted from the new tariff measures.
