A man rides a motorcycle past containers at a port under the Port Authority of Thailand, following the announcement that U.S. President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1, in Bangkok, Thailand, July 8, 2025. REUTERS/Athit Perawongmetha
A man rides a motorcycle past containers at a port under the Port Authority of Thailand, following the announcement that U.S. President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1, in Bangkok, Thailand, July 8, 2025. REUTERS/Athit Perawongmetha
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Business & Economy

Thai exports could take $27 billion hit from US tariffs, industry group says

BANGKOK (Reuters) -The Federation of Thai Industries on Tuesday estimated that damage to Thai exports could reach 800 billion to 900 billion baht ($24.5 billion to $27.6 billion) from U.S. tariffs of 36%, slated to start in August.

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(Reporting by Chayut Setboonsarng and Orathai Sriring; Editing by Martin Petty)

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