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Trump seeks to reduce U.S. trade deficit with Thailand

Staff Writer |
U.S. President Donald Trump suggested reducing the U.S. trade deficit with Thailand when meeting with Thai Prime Minister Prayut Chan-o-cha at the White House.

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"Our relationship on trade is becoming more and more important. And it's a great country to trade with," Trump told visiting Thai Prime Minister Prayut in front of reporters ahead of their bilateral talks.

"I think we're going to try and sell a little bit more to you now, make that a little bit better if that's possible," said Trump.

Statistics from the U.S. Trade Representative shows that the United States maintained an $18.9 billion goods trade deficit with Thailand in 2016.

Over the past decade, two-way trade between Washington and Bangkok has grown by more than 36 percent, with U.S. exports to Thailand increased by more than 30 percent to $10.6 billion.

Major U.S. export categories to the southeastern country include electrical machinery, machinery, aircraft, optical and medical instruments, and vehicles.


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