Thai Union To Ramp Up Overseas Production In Response To US Tariffs
In response to US reciprocal tariff rates, Thai Union is planning expansions of its overseas manufacturing sites such as Ghana and the United States
Summary of Thai Union’s financial results and tariff strategies
* Thai Union reported THB6.6bn (US$204m) in gross profit, up 0.5% YoY, but sales fell 5.4% YoY to THB33.4bn (US$1.03bn).
* The US now imposes a 19% reciprocal tariff on Thai Union, with ambient foods facing a total 31.5% tariff...
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