Thailand preparing $1.2 billion in measures to address US tariff impact

July 9, 2025 3:40 AM EDT

A Thai national flag is seen 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/A

BANGKOK (Reuters) -Thailand is preparing more than 40 billion baht ($1.22 billion) in measures to mitigate the impact of U.S. tariffs, a deputy finance minister said on Wednesday.

The central bank should also ease monetary policy further, Paopoom Rojanasakul told reporters.

($1 = 32.66 baht)

(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Martin Petty)



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