Thai Ministry Warns of Export Impact from US Drone Tariffs

The Thai Ministry of Commerce has issued a warning regarding the potential impact on exports following the United States' decision to increase import tariffs on drones and their components. This measure could present new challenges for Thailand's drone manufacturing industry and related component export companies. Concerns include a potential decrease in price competitiveness for exports to the US market and impacts on the supply chain. The Ministry is currently gathering information to assess the specific effects of this tariff hike on Thai exports. Concurrently, it plans to consider necessary support measures to help Thai businesses adapt to this situation. Further announcements are anticipated regarding a detailed impact analysis and specific countermeasures. Source: MGR Online (Business)