Bangkok: In a significant stride toward strengthening economic and diplomatic ties, the United States and Thailand announced on Sunday that they have agreed on the framework for a prospective trade deal aimed at expanding market access, enhancing supply chains, and deepening bilateral economic cooperation.

According to a joint statement from the White House, under the agreed framework, Thailand will remove tariffs on 99% of US goods. Meanwhile, the United States will maintain 19% reciprocal tariffs while granting zero-tariff access for select Thai products. Both nations have pledged to tackle non-tariff barriers, uphold labor standards, protect the environment, and expand collaboration in digital trade and intellectual property.

Thailand also committed to purchasing an estimated $2.6 b

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