
Thailand expects a US tariff rate of around 19% as negotiations on a reciprocal trade agreement move into legal review, Prime Minister Anutin Charnvirakul said on November 5, 2026, in response to questions about the impact of the US midterm elections.
Speaking at Government House, Anutin reported substantial progress in the negotiations. The two sides had settled the substantive issues and main conditions, with their legal teams now examining the draft agreement in detail.
Thailand’s Ministry of Foreign Affairs and the US government are preparing a joint statement, which Anutin expects to be signed during the round of ASEAN and Asia-Pacific Economic Cooperation summits taking place over the next one to two weeks.
Anutin is scheduled to attend the meetings and plans to use the opportunity to hold talks with US President Donald Trump.
The proposed joint statement would precede the formal signing of the main trade agreement, which remains subject to legal review.
Anutin maintained that Thailand had fulfilled the commitments previously agreed with Trump concerning military measures, peace efforts and mine clearance. These steps formed part of Thailand’s request for special consideration for a lower tariff rate.
He expected the negotiated rate to be approximately 19%. Existing tariff arrangements would continue to apply until the main agreement was formally signed.