Bangkok: In a move to address the impending economic challenge posed by US import tariffs, Mr. Chulapong Yokes, a party-list MP from the Prachachon Party and Vice Chairman of the House of Representatives Committee on Commerce and Intellectual Property, along with the House of Representatives Committee on Foreign Affairs, has announced plans to invite the Ministers of Finance, Commerce, and Foreign Affairs to a confidential meeting. This meeting aims to clarify Thailand’s negotiation strategy regarding tariffs set by the United States, as concerns grow over the government’s preparedness to meet the looming deadline for these tariffs.

According to Thai News Agency, Mr. Chulapong emphasized the urgency of the situation, noting that the deadline for the extension of current trade agreements is fast approaching, with the last batch of Thai goods needing to be exported before June 9. The government, led by Prime Minister Ms. Paethongtarn Shinawatra, has reportedly indicated the existence of a secret deal, yet has provided little information to the public, raising concerns over transparency and the potential economic crisis facing the nation.

Mr. Chulapong criticized the government’s lack of communication and urged for greater transparency, highlighting the economic repercussions that could ensue if the situation is not addressed promptly. He stressed the importance of public awareness and the need for a clear strategy to mitigate the impact of potential tariffs, which could rise to as much as 36% on Thai exports if no agreement is reached with the US.

The committees have previously attempted to engage the ministers in discussions, but with no response. Mr. Chulapong has now formally requested a confidential meeting to ensure the ministers outline their plans for negotiations and the measures in place to protect Thai exports. He expressed particular concern over the silence of the Minister of Foreign Affairs, who should play a central role in the negotiations, especially given the critical nature of the issue.

With the grace period for the tariffs set to expire on July 1, Mr. Chulapong has called for urgent government action, warning of the severe impact on Thailand’s economy and the need to prioritize this issue over less pressing matters.