Tracking the U.S. Tariff Domino Effect: From Steel to Electrical Appliances

The U.S. has imposed tariffs up to 50% on appliances with steel components, impacting Thailand’s exports. Expected declines in Thai electrical appliance exports are projected at -1.9% for 2025 and -2.1% for 2026, urging businesses to adjust strategies and diversify markets.

Exports in September surged to the highest growth in 42 months, with full-year performance expected to exceed earlier pr…

In September 2025, Thailand’s merchandise exports soared to USD 30.97 billion, up 19% YOY, driven by electronics and gold. Imports also rose significantly, leading to a trade surplus of USD 1.28 billion. However, forecasts indicate potential challenges ahead for 2026.