CHIANG MAI, April 14, 2025 — Former Prime Minister Thaksin Shinawatra called on Thai authorities to hold comprehensive discussions to forge a unified strategy before entering trade negotiations with the United States, warning of potential economic challenges from looming US tariffs.
Speaking in Chiang Mai on Sunday, Thaksin stressed the need for national cohesion to counter global trade pressures, particularly as the US, under President Donald Trump, considers tariffs to address trade deficits. He suggested Thailand could face a long time 36% tariff if unprepared, describing such measures as a US tactic to gain leverage in talks.
Thaksin advocated removing unnecessary trade barriers, like high tariffs on US luxury motorcycles, which he argued do not harm local industries, but stressed that zero tariffs should only be offered if the US reciprocates fully. He also urged stronger ASEAN collaboration to negotiate as a bloc with developed nations, believing this could lower trade barriers and boost regional growth. While noting he’s communicated with individuals close to Trump, Thaksin said he would let officials lead initial talks but was ready to join if needed, downplaying any immediate plans to meet the US president.
As Thailand’s largest export market, absorbing $54.96 billion in goods last year, the US is critical to the kingdom’s economy, making Thaksin’s call for preparedness a focal point amid rising global trade tensions.
