US Talking Bilaterally in Effort to Increase Exports to Thailand
The U.S. government is actively engaging Thai officials in hopes of expanding U.S. exports to Thailand, President Donald Trump said before an Oct. 2 bilateral meeting with Thai Prime Minister Prayut Chan-o-cha at the White House. The Trump administration has…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
devoted specific attention to U.S. trade deficits in goods with other countries, and the U.S. runs about an $11.5 billion cumulative goods trade deficit with Thailand so far this year, according to Census Bureau data. “I think we're going to try and sell a little bit more to you now, make that a little bit better if that's possible,” Trump said alongside Prayut. “But we have a big, full period of time scheduled with our two staffs.” Trump said officials from both nations have been “negotiating very long and hard,” and that their relationship is “becoming more and more important,” acknowledging that Thailand makes “different things that are really very important to us.”