Thailand is one of the most stable economies in the world having experienced almost continuous growth since the 1960's with only a brief interuption during the Asian financial crisis of the mid 90's. There is a large and growing industrial base but some 30% of the workforce is still engaged in agriculture compared with less than 5% in the advanced countries. The important tourism sector has almost fully recoved from the Covid downturn. Thailand runs a large trade surplus with the US which will be in the corss-winds of the current round of tariffs.