Key Points
- •U.S.–Thailand trade agreement changes tariffs, imposing a 19% tariff on Thai goods.
- •Thailand eliminates tariffs on 99% of U.S. exports.
- •The agreement may boost competitiveness and encourage supply-chain digitalization.
On October 26, 2025, the United States and Thailand announced a trade agreement imposing a 19% U.S. tariff on Thai goods while eliminating tariffs on 99% of American exports. This agreement reshapes U.S.-Thai trade dynamics, improving Thailand's market position and highlighting transparency. Immediate market responses included a 0.79% rise in Thailand's stock exchange.
New Tariff Framework: U.S. 19% vs. Thailand's 0%
The agreement, announced on October 26, involves the U.S. maintaining a 19% import tariff on Thai goods, while Thailand eliminates tariffs on nearly all U.S. exports. This decision aligns with the objectives outlined by U.S. President Donald J. Trump and Thai Prime Minister Srettha Thavisin.
Thailand's Finance Ministry managed the negotiation of this trade deal, resulting in significant economic policy shifts. Howard Lutnick, U.S. Commerce Secretary, confirmed the trade agreement process, providing context in official interviews:
The new trade framework enhances the reciprocal trade relationship between the U.S. and Thailand, ensuring fair access and reduced barriers.
The U.S. will enforce compliance through penalties for transshipment, emphasizing transparency and fair trade.
Market reactions were immediate, with the Stock Exchange of Thailand (SET) rising 0.79% on optimism for enhanced U.S. market access. Official statements emphasized support mechanisms to stabilize Thai exporters affected by this tariff structure.
ASEAN Competitiveness and Blockchain Innovation in Supply Chains
The recent tariff relief for U.S. goods entering Thailand echoes similar agreements within ASEAN, positioning Thailand more favorably than Vietnam’s existing 20% rate.
Ethereum (ETH) currently holds a price of $4,067.28 with a market cap of $490.91 billion, representing 12.80% market dominance. Its trading volume surged 52.29% in 24 hours. Price changes include a 2.77% rise in 24 hours and a 7.08% gain over 90 days, as of October 26, 2025, according to CoinMarketCap.
Coincu experts highlight the potential for regulatory advancements and blockchain integration into supply chains due to this trade agreement. New technologies may arise to support compliance, reflecting broader trends in technological adoption within the region.