Thailand Upbeat About US Tariff Deal After Bessent Lauds Offers

Thailand expects a favorable outcome from talks with the Trump administration to avert the threat of a 36% tariff, after the Southeast Asian nation submitted a range of proposals to boost imports and allow greater market access for US goods.

US Treasury Secretary Scott Bessent’s mention of Thailand on Tuesday as one of the countries whose proposals were being considered is a positive signal, Thai Finance Minister Pichai Chunhavajira told reporters on Wednesday.

Bessent, who’s focused on talks with Asian governments, said during the Saudi-US Investment Forum that his discussions were “going very well.” Apart from discussing with China ...