Mitsubishi, Honda May Lose Out From Thailand’s GSP Removal — Panjiva
Más

Mitsubishi, Honda May Lose Out From Thailand’s GSP Removal

Industrials - Capital Goods 620 Tariffs 1866 Thailand 145 U.S. 5399

The U.S. government has removed access to reduced tariffs under the Generalized System of Preferences for 573 products imported from Thailand. While part of a wider GSP review the move is not a surprise given the U.S. trade deficit reached $19.8 billion in the 12 months to Aug. 31. Panjiva’s analysis shows the new exclusions cover $2.04 billion of imports in the 12 months to Aug. 31, or 6.2% of total U.S. imports from Thailand. The largest products include: electricity control boards worth $152 million; spectacles worth $117 million and fuel pumps valued at $100.9 million. The largest U....

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.