The United States has officially approved a 0% import tariff for specific products originating from three key members of the Association of Southeast Asian Nations (ASEAN): Thailand, Malaysia, and Cambodia. The decision, formalised under new agreements, was announced during the recent ASEAN Summit in Kuala Lumpur
Malaysia's tariff exemption applies to its aerospace equipment, pharmaceutical, and key commodity (palm oil, cocoa, rubber) sectors.
Thailand received 0% tariffs on select items as part of a reciprocal deal, committing to purchase over $20 billion in US agricultural products, energy, and aircraft.
The new 0% tariff policy reverses a previously imposed 19% retaliatory tariff on the three nations.
https://www.nationthailand.com/business/economy/40057374