Thailand's deputy commerce minister Kiriya Paoputhikorn said the country will refuse full foreign ownership of low-orbit satellite telecom services, citing sovereignty, even as US trade talks restart later this month. Starlink's foreign stake is currently capped at 49% for some telecom infrastructure. For most SMEs this changes nothing directly. The trade-talk context matters more: Thailand aims to keep its total US tariff below the 19% agreed last year, and is currently facing 12.5% under a USTR forced-labour finding covering 60 countries, plus a separate overcapacity investigation. Watch for tariff outcomes and US purchase commitments (aircraft, LNG, soybeans, corn) that could affect export and import pricing.