Thailand will intensify a crackdown on the practice of foreign firms evading large US tariffs by claiming fake certificates of nature as it prepares for discussions with the Trump administration to recover from a 36 % tax hit.
The South-East Eastern nation, which had a nearly US$ 46 billion trade deficit with the US, plans to add more items to a list of 49 products because US authorities have been concerned about false claims of nature, according to a statement released on Friday.
Director General of the Department of Foreign Trade Arada Fuangtong said in the declaration that the government had identified about nine additional groups of products that were “highly likely to circumvent the rule of source” by businesses that use Thailand as a foundation for re-exports to the US. She said that among the materials are material, brass wire, and aluminum.
According to Arada, the clampdown will solve a pressing issue with US Customs and help boost buyers ‘ trust. In addition, increased surveillance will help to lessen the impact on local manufacturers.  ,
China has recently become Thailand’s largest trading partner, with the trade deficit with Beijing rising to$ 45 billion in 2024 from$ 19.6 billion in 2018, according to official statistics.
Thailand’s trade surplus with the US increased to$ 46 billion last year from$ 17 billion in 2018.
In order to reduce the price, Thailand will arrange to travel to the US in a group led by Deputy Prime Minister and Finance Minister Pichai Chunhavajira.  ,
Along with lowering transfer taxes and removing non-tariff barriers to trade, Prime Minister Paetongtarn Shinawatra’s administration intends to appease the Trump presidency with proposals to get more natural gas, plantation goods, and jets.
Thai businesses, who have long complained of dumping of affordable Chinese made goods in recent years, may be pleased by the effort to deter companies from violating the regional information law.  ,
Local manufacturers are concerned about an even greater flow of cheap goods as a result of President Donald Trump’s decision to impose a document 145 % tax on Chinese products.  ,
Nearly 71 % of the respondents to a study of Thai companies ‘ chief executives on Wednesday expressed concern that cheap Chinese goods would flood Thai markets, causing lessening use of manufacturing facilities or more factory shutdown.  ,
The Department of Foreign Trade announced that it will be the only organization authorized to issue the so-called credentials of nature for products on the blacklist for US shipments. The Federation of Thai Industries and the Thai Chamber of Commerce are currently authorized to issue these credentials as well.
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