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New US Tariffs on Thailand: The Need for Market Diversification

Summary by FULCRUM
Using Section 301 of the US Trade Act, the US Trade Representative (USTR) investigated Thailand and several other countries over concerns related to prohibitions on the importation of goods produced with forced labour. The latest set of tariffs seeks to compel Thailand and other US trading partners to import less from China. The investigation was initiated on 11 March 2026, and the findings were reached on 5 June. It concluded that Thailand and …
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FULCRUM broke the news on Wednesday, July 15, 2026.
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