At the 17 August 2026 Thai-US Trade & Investment Summit, AMCHAM said US imports from Thailand rose 72% in H1 2026, driven partly by supply-chain shifts. The effective US tariff on Thai goods is reported at roughly 8-10%, lower than the 19% headline rate because of exemptions, and about 5.5% on average for March-June after the Supreme Court ruling on IEEPA. Risks remain: the forced-labour tariff on Thailand rose to 12.5%, and Section 301 action could push rates back toward 19% or higher, though timing is unknown. For SMEs exporting to the US, plan for rate uncertainty and keep cost buffers rather than assume the current rate holds.