# THB/USD: How Are Trump’s Tariffs, Gold Affecting the Thai Baht - Bloomberg

> The baht rallied to a four-year high against the dollar in September, despite a 19% US tariff on Thai goods and sluggish tourism. The article questions why the currency strengthened given weak economic conditions. Gold prices and US trade policy are highlighted as factors behind the move.

- Date: 2025-10-03 · published 2025-10-03T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/22672-thb-usd-how-are-trump-s-tariffs-gold-affecting-the-thai-baht-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local-currency cost of imported feed ingredients for Thailand, but the effect on world feed prices is small.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-10-03/thb-usd-how-are-trump-s-tariffs-gold-affecting-the-thai-baht

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.