US duty-free loss could cost Thai products $60 million

Updated 28 Oct, 2019

The tariffs that would take effect in six months would be 4-5% instead of zero, Jurin said. "Thai products that are sold in the US will have a burden ... which comes to around 1.5 to 1.8 billion baht," he said. Separately, Labor Minister Chatumongol Sonakul said Thailand is working on measures to ensure migrant worker rights, but that those would be based on Thai standards and laws.

"We refer to international standards, but do not translate them into law," Chatumongol told reporters. "One of the issues is large unions - we don't want that - we have company unions," he said, adding there would be more negotiations but that migrant workers should not have more rights than Thai workers.

The world's largest producer of canned tuna and owner of the Chicken of the Sea brand, Thai Union Group Pcl, said in a statement that the move should not affect its products. "The decision will not have a material impact on Thai Union Group's business, as no seafood or pet food products sold into the US from Thailand are currently covered by the GSP," it said.

Copyright Reuters, 2019

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