Trade Cases

Thailand Secures Pipe Shipment Exemption

Written by Sandy Williams


Thailand was granted a tariff exemption for steel pipe exports to the United States, but only on a shipment basis, said Wanchai Varavithya, deputy director-general of the Commerce Ministry’s Foreign Trade Department.

Said Wanchai, “Although the U.S. Department of Commerce has yet to grant a waiver on import tariffs for all shipments from Thailand, exporters can ask for an exemption for each shipment. This is good news for Thailand.”

Steel from Thailand accounts for only a small percentage of U.S. steel imports, but the country stands to lose 383,496 metric tons of steel pipe, cold-rolled steel and galvanized steel exports as a result of the Section 232 tariffs, according to the Bangkok Post.

Latest in Trade Cases

Leibowitz: Trump takes aim at trade with a tariff ‘punt gun’

The tariffs are intended to produce more investment and jobs in US manufacturing. But first, there will be a cosmic change, potentially wiping out millions of jobs in the short run. While administration officials will no doubt cringe at the comparison, it reminds me of the effort to undercut fossil fuels production to address climate change. Led by Democrats, the effort was to destroy fossil fuels so that renewable energy sources would have more space to grow. The result: inflation and electoral defeat in 2024.