The US has imposed a 19% reciprocal tariff on Thai goods since August 2025, with ongoing negotiations aimed at reducing the rate. In response to the court’s decision, Mr Trump has announced a 10% global tariff on imported foreign goods, in addition to the normal (non-IEEPA) tariffs already applied. The new baseline duty will be imposed under Section 122 of the Trade Act of 1974, which allows the president to impose tariffs unilaterally. Thailand’s Ministry of Commerce said on Saturday that it is closely monitoring developments in US trade policy following the court ruling. Although Supreme Court ruling has eased concerns over reciprocal tariffs, the new levy has sparked anxiety among entrepreneurs who fear mounting costs and shrinking competitiveness in the American market.
Source: Bangkok Post February 21, 2026 14:21 UTC