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20 May 2025

Industry

US tariff hikes on automobiles and auto parts, particularly under Section 232, to significantly impact Thai auto parts exports (Current Issue No.3582 Full Ed.)

คะแนนเฉลี่ย
  • The US has implemented a range of tariff measures, including a 25-percent tariff under Section 232 and reciprocal tariffs, with the aim of encouraging domestic investment. Automobiles and auto parts are among the key targeted industries.
  • Thailand’s auto parts exports are likely to be significantly affected, especially items covered by US Section 232. The most impacted segments include powertrain, suspension, and electrical/electronic parts. Despite partial reimbursements for tariffs on certain auto parts offered by the US, the advantage may be limited.

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Industry