A Rangsit University economist's analysis (2 Sep 2026) says Thailand ran a 2025 trade deficit of USD 53.8bn with China (second in ASEAN) and a surplus of USD 75.0bn with the US (second after Vietnam). Chinese goods and investment are flowing into ASEAN faster, while the US is tightening tariffs, origin checks and anti-transshipment probes. Watch for stricter rules of origin on exports to the US and more competition from Chinese imports in your sector. The article lists five strategy proposals but the details are cut off, so no concrete policy change is confirmed yet.