Thailand's Commerce Ministry explained that the US 12.5% tariff on Thai goods stems only from a Section 301 investigation into forced labor practices, not from the ongoing structural overcapacity probe. The government is racing to finalize the Agreement on Reciprocal Trade (ART) with the US to cap total tariff exposure at 19% or competitive parity levels. Thai exporters should monitor official trade policy updates, as additional tariffs may be announced once the overcapacity investigation concludes.