NER Expects Marginal Indirect Impact from US Tariff on Chinese Customers

Sakchai Jongstapongpun, Deputy CEO of Accounting and Finance Management of North East Rubber Public Company Limited (SET: NER), commented on the United States’ plan to impose a 36% tariff on imports from Thailand starting August 1, 2025.

He said that, based on information gathered from the company’s Chinese client group, the impact would be felt in proportion to their export share to the U.S., which is approximately 10%. However, the effect on NER itself would be indirect, as these Chinese clients are expected to reduce their exports to the U.S. due to the higher tariffs.

Sakchai acknowledged that in the initial phase, all parties involved will have to accept the tariff hike. He emphasized the need to wait and see the outcome of the next round of negotiations by the Thai government, which may result in the tariff rate being adjusted down.