Trump’s woes may affect Thai economy

By WICHIT CHAITRONG 
THE SUNDAY NATION

 

Copies of the book "Fire and Fury" by author Michael Wolff are displayed on a shelf at Book Passage on January 5, 2018 in Corte Madera, California./AFP

 

TRUMP MAY SEEK ASEAN SUPPORT AGAINST CHINA’S POLICIES

 

US PRESIDENT Donald Trump is expected to focus more on trade negotiations that could affect Thailand’s exports as he tries to divert American voters’ attention from a domestic political storm, local academics say. 

 

Meanwhile, however, Prime Minister General Prayut Chan-o-cha has said that he is pleased with economic projections for 2018.

 

A book titled “Fire and Fury: Inside the Trump White House”, the latest political attack on Trump, has re-enforced suspicions about his campaign team’s collusion with Russia, said Somchai Phakaphasvivat, a Thai political scientist.

 

Somchai noted that Steve Bannon, a former top Trump aide, told the book’s author Michael Wolff that a meeting involving a Russian lawyer and Trump campaign officials including Trump’s son Donald Jr, was “treasonous”.

 

This comes as Special Counsel Robert Mueller has been investigating possible collusion between the Trump campaign team and Russia. 

 

Somchai said that many US voters might be convinced by the allegations in the book rather than believe Trump, who tweeted furiously to deny them. The White House also dismissed the information in the book as false.

 

Somchai said that while white voters, his political base, may continue to support Trump, there were many controversial issues surrounding the president. 

 

One trick up Trump’s sleeve is that he could play a more active role in international affairs, including putting more pressure on North Korea over the nuclear dispute. The move would have an impact on Thailand, as the US government would continue its campaign to gather support from Asian countries, said Somchai.

 

The next priority was to counter China’s influence, especially on trade, as China has a large trade surplus with the United States. Trump may seek to get further backing from Asean countries, Japan, South Korea and India. 

 

Veteran economist Sompop Manarungsan shared Somchai’s view, saying that Trump would be more active in global trade issues in order to sway people from domestic politics that have heavily damaged his popularity.

 

With midterm elections coming up, Trump has to find new things to woo voters otherwise there is a high chance that his Republican party will lose its majority in both Congress and the Senate, said Sompop. 

 

Trump had vowed to review trade agreements, especially with the 16 countries having trade surpluses with the US, but he has not had much time to concentrate on the issue as he has been busy with North Korea and changes to the tax regime. Trump has successfully pushed for drastic tax changes, including cutting the corporate tax rate to 21 per cent from 35 per cent. 

 

Form now on he is expected to push harder in the international arena and China is the main target. If the world largest economy and second largest economy have a dispute on trade, it could have an impact on Asian supply chains, according to Sompop. 

 

Thai exports to grow

 

“As we expected our exports this year will continue to grow, we should be aware of the impact of US trade policy,” warned Sompop. Both China and the US are among Thailand’s key export markets. 

 

Back home, government spokesman Lt-General Sansern Kaewkamnerd yesterday said Prime Minister Prayut Chan-o-cha was happy with continued economic expansion and rising consumer confidence in December. 

 

“The Prime Minister says it is possible that the Thai economy will expand 4.2-4.5 per cent or as high as 5 per cent, as projected by University of Thai Chamber of Commerce,” Sansern quoted Prayut as saying.

 

The Government Savings Bank has forecast an economic growth rate of 4.6 per cent.

 

Public investment in infrastructure projects will boost growth and the new welfare card will boost consumption, Sansern said. 

 

However, Prayut was worried about lower prices of farm products especially rice, rubber sheet, cassava and maize. These are expected to rise in the second quarter due to the government’s subsidy policy. The government will also be stepping up measures against the import of cassava, said Sansern. 

 

He also revealed that the government will provide more support to 3.5 million poor people whose incomes are lower than Bt30,000 a year. They will be given help to develop their skills, find new jobs domestically or aboard, own houses or have enough income to pay rent, and create their own businesses. 

 

Source: http://www.nationmultimedia.com/detail/politics/30335580

 

 

-- © Copyright The Nation 2018-01-07

Woes? The man is kicking butts and taking names. Passing important bills, great new judges, crushing ISIS and faith in the economy is WAY up.

 

WASHINGTON, D.C. -- Americans' views of the U.S. economy were positive on balance in 2017, with Gallup's U.S. Economic Confidence Index averaging +6 for the year. This was a 16-point increase from -10 in 2016 and is the index's first positive annual average since Gallup began daily tracking of this measure in 2008.

http://news.gallup.com/poll/224822/americans-economic-confidence-positive-2017.aspx?g_source=ECONOMY&g_medium=topic&g_campaign=tiles

 

12 minutes ago, rooster59 said:

US PRESIDENT Donald Trump is expected to focus more on trade negotiations that could affect Thailand’s exports as he tries to divert American voters’ attention from a domestic political storm, local academics say. 

 

Meanwhile, however, Prime Minister General Prayut Chan-o-cha has said that he is pleased with economic projections for 2018.

Yeah, but we must understand that it´s impossible to be pleased with projections. It´s like something in the namne there, that makes it stand for all other things but certain.
If something changes, the projections will have to be revised. How about that? That´s a real big crack in the golden egg, right?

 

16 minutes ago, rooster59 said:

otherwise there is a high chance that his Republican party will lose its majority in both Congress and the Senate, said Sompop. 

Just waiting and hoping for that to happen. It´s always nice to have something positive to look forward to.

4 hours ago, Ulysses G. said:

Woes? The man is kicking butts and taking names. Passing important bills, great new judges, crushing ISIS and faith in the economy is WAY up.

 

WASHINGTON, D.C. -- Americans' views of the U.S. economy were positive on balance in 2017, with Gallup's U.S. Economic Confidence Index averaging +6 for the year. This was a 16-point increase from -10 in 2016 and is the index's first positive annual average since Gallup began daily tracking of this measure in 2008.

http://news.gallup.com/poll/224822/americans-economic-confidence-positive-2017.aspx?g_source=ECONOMY&g_medium=topic&g_campaign=tiles

 

Really? Looking at a wider range of poll questions/ responses the consensus is not favorable to the man (#45) Take a look. Read for yourself at:

http://www.pollingreport.com/trump_ad.htm

The one link includes results for multiple questions in the following polls:

Quinnipiac University Poll. Dec. 13-18, 2017. N=1,230 registered voters nationwide. Margin of error ± 3.3
CNN Poll conducted by SSRS. Dec. 14-17, 2017. N=1,001 adults nationwide. Margin of error ± 3.6
NBC News/Wall Street Journal Poll conducted by Hart Research Associates (D) and Public Opinion Strategies
          (R). Dec. 13-15, 2017. N=900 adults nationwide. Margin of error ± 3.3
Quinnipiac University Poll. Dec. 6-11, 2017. N=1,211 registered voters nationwide. Margin of error ± 3.5
Marist Poll. Dec. 4-7, 2017. N=1,267 adults nationwide. Margin of error ± 2.8
CBS News Poll. Dec. 3-5, 2017. N=1,120 adults nationwide. Margin of error ± 4
Quinnipiac University. Nov. 29-Dec. 4, 2017. N=1,508 registered voters nationwide. Margin of error ± 3.1
Quinnipiac University Poll. Nov. 29-Dec. 4, 2017. N=1,747 adults nationwide. Margin of error ± 2.8

... and more, the above is only about half the list.

5 hours ago, Ulysses G. said:

Woes? The man is kicking butts and taking names. Passing important bills, great new judges, crushing ISIS and faith in the economy is WAY up.

 

WASHINGTON, D.C. -- Americans' views of the U.S. economy were positive on balance in 2017, with Gallup's U.S. Economic Confidence Index averaging +6 for the year. This was a 16-point increase from -10 in 2016 and is the index's first positive annual average since Gallup began daily tracking of this measure in 2008.

http://news.gallup.com/poll/224822/americans-economic-confidence-positive-2017.aspx?g_source=ECONOMY&g_medium=topic&g_campaign=tiles

 

"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
Abraham Lincoln
 

OP is pure garbage.

Not really a fan of Trump, but this book just shows how stupid the anti-Trump mainstream media is and how little they have learned from the Hillary Clinton train wreck election campaign.......Ordinary Americans don't care if the president is an idiot or not. (haven't they learnt that since the GWBush era?)......people are just so sick and tired of seeing career politicians who enriched themselves (e.g the Clintons) through corporate cronyism and appeasing lobbyists , war profiteers, Wall street, medical industry and big pharma, etc. All the while destroying the middle class, and restricting freedoms all in the name of national security..........They don't care if he's destroying international relationships, because it only matters that he's not one the Washington DC elites who've sold out the American people for so long.

"US PRESIDENT Donald Trump is expected to focus more on trade negotiations that could affect Thailand’s exports as he tries to divert American voters’ attention from a domestic political storm, local academics say. "

 

Sounds like a oxymoron...."local academics. No such thing in Thailand.

 

I'm always doubtful of this sort of author as they seem to be self-promoting, often speaking about opportunist in-trend topics they know nothing of in outlandish and spectacular ways in an attempt to gain status, money or recognition as the sheeple need feeding. Never seen the lefties so sneering and spiting vicious about anything as we have onTrump and Brexit...they really are digging deep and trying anything and it's shown them in their true colours, which are pretty nasty.  

7 hours ago, rooster59 said:

Donald Trump is expected to focus more on trade negotiations that could affect Thailand’s exports

Thailand might actually profit from Trump's impeachment or resignation.

Albeit unlikely not forthcoming for the next six months.

5 hours ago, Sir Dude said:

I'm always doubtful of this sort of author as they seem to be self-promoting, often speaking about opportunist in-trend topics they know nothing of in outlandish and spectacular ways in an attempt to gain status, money or recognition as the sheeple need feeding. Never seen the lefties so sneering and spiting vicious about anything as we have onTrump and Brexit...they really are digging deep and trying anything and it's shown them in their true colours, which are pretty nasty.  

Sort of a good thing too. With agencies like CNN turning into fully blown anti-Trump opinion pieces, it's becoming clear just how saturated the mainstream media is with leftists/feminists/lqrbxyzwhatever/whoevershouts loudest. Perhaps people will finally wake up and demand information instead of instagram butt pics. I doubt it though.

25 minutes ago, DrTuner said:

Sort of a good thing too. With agencies like CNN turning into fully blown anti-Trump opinion pieces, it's becoming clear just how saturated the mainstream media is with leftists/feminists/lqrbxyzwhatever/whoevershouts loudest. Perhaps people will finally wake up and demand information instead of instagram butt pics. I doubt it though.

I'm not sure about Americans but the British would like someone in power who has a good command of the English language and can string two coherent sentences together, Trump would fail at that, like bigly

Sort of a good thing too. With agencies like CNN turning into fully blown anti-Trump opinion pieces, it's becoming clear just how saturated the mainstream media is with leftists/feminists/lqrbxyzwhatever/whoevershouts loudest. Perhaps people will finally wake up and demand information instead of instagram butt pics. I doubt it though.

Reality based media more like.

Sent from my [device_name] using http://Thailand Forum - Thaivisa mobile app

14 hours ago, Get Real said:

Yeah, but we must understand that it´s impossible to be pleased with projections. It´s like something in the namne there, that makes it stand for all other things but certain.
If something changes, the projections will have to be revised. How about that? That´s a real big crack in the golden egg, right?

 

Just waiting and hoping for that to happen. It´s always nice to have something positive to look forward to.

Why the dems put up a political wall and attack him every day.. black unemployment is the lowest EVER so who is helping black people its not the democrats.. aure say obama but nothing in 8 year but low black unemployment.. oh and 2 million less people on food stamps

3 minutes ago, USPatriot said:

black unemployment is the lowest EVER so who is helping black people its not the democrats..

The best job market for African-Americans might actually have been in 2000, when 61.4 percent of black adults were employed, the highest proportion ever. https://www.cbsnews.com/news/african-american-unemployment-hits-record-low/

 

3 minutes ago, USPatriot said:

Why the dems put up a political wall and attack him every day.. black unemployment is the lowest EVER so who is helping black people its not the democrats.. aure say obama but nothing in 8 year but low black unemployment.. oh and 2 million less people on food stamps

The liberals will start eating eachother soon

3 minutes ago, Srikcir said:

The best job market for African-Americans might actually have been in 2000, when 61.4 percent of black adults were employed, the highest proportion ever. https://www.cbsnews.com/news/african-american-unemployment-hits-record-low/

 

Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began ...

 

Black unemployment rate falls to record low - CNBC.com
https://www.cnbc.com › 2018/01/05 › bl...

 

Black unemployment hits all-time low - Jan. 5, 2018 - CNNMoney
money.cnn.com › news › economy › bla...

 

 

more fake news from cbs might want to check your fake news

12 hours ago, RPCVguy said:

Really? Looking at a wider range of poll questions/ responses the consensus is not favorable to the man (#45) Take a look. Read for yourself at:

http://www.pollingreport.com/trump_ad.htm

The one link includes results for multiple questions in the following polls:

Quinnipiac University Poll. Dec. 13-18, 2017. N=1,230 registered voters nationwide. Margin of error ± 3.3
CNN Poll conducted by SSRS. Dec. 14-17, 2017. N=1,001 adults nationwide. Margin of error ± 3.6
NBC News/Wall Street Journal Poll conducted by Hart Research Associates (D) and Public Opinion Strategies
          (R). Dec. 13-15, 2017. N=900 adults nationwide. Margin of error ± 3.3
Quinnipiac University Poll. Dec. 6-11, 2017. N=1,211 registered voters nationwide. Margin of error ± 3.5
Marist Poll. Dec. 4-7, 2017. N=1,267 adults nationwide. Margin of error ± 2.8
CBS News Poll. Dec. 3-5, 2017. N=1,120 adults nationwide. Margin of error ± 4
Quinnipiac University. Nov. 29-Dec. 4, 2017. N=1,508 registered voters nationwide. Margin of error ± 3.1
Quinnipiac University Poll. Nov. 29-Dec. 4, 2017. N=1,747 adults nationwide. Margin of error ± 2.8

... and more, the above is only about half the list.

There is only one poll that counts.... As Billary found out to her chagrin last time.  I wouldn't be surprised if Trump got a second term. 

9 hours ago, Sir Dude said:

I'm always doubtful of this sort of author as they seem to be self-promoting, often speaking about opportunist in-trend topics they know nothing of in outlandish and spectacular ways in an attempt to gain status, money or recognition as the sheeple need feeding. Never seen the lefties so sneering and spiting vicious about anything as we have onTrump and Brexit...they really are digging deep and trying anything and it's shown them in their true colours, which are pretty nasty.  

Ah.... I see you are talking about the all inclusive free thinking so called liberals... 5555.....god help you if your views differ from them.... As can be seen regularly on this forum. 

Edited January 7, 20188 yr by tryasimight

14 hours ago, pmarlin said:

OP is pure garbage.

But overall, still mostly accurate.  And recordings exist as well, which we will no doubt hear ?

2 hours ago, tryasimight said:

Ah.... I see you are talking about the all inclusive free thinking so called liberals... 5555.....god help you if your views differ from them.... As can be seen regularly on this forum. 

Yup snowflakes ?

Our individual preferences and access to the things we see - WE ARE THE PRODUCT being sold. Those with money and a message are the customers of online ad space.
Individual bubbles of preferred news topics is the methodology... and the news that riles people the most is cheaper to sell.
This is  a long article - written by an early and major investor in Facebook. Actually has meaningful suggestions in its concluding paragraphs.

►►How to Fix Facebook (or Google) —Before It Fixes Us

Edited January 8, 20188 yr by RPCVguy

12 hours ago, Coconutman said:

Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began ...

 

Black unemployment rate falls to record low - CNBC.com
https://www.cnbc.com › 2018/01/05 › bl...

 

Black unemployment hits all-time low - Jan. 5, 2018 - CNNMoney
money.cnn.com › news › economy › bla...

 

 

more fake news from cbs might want to check your fake news

Isn't that because unemployment (disregard colour) is generally at an all time low? 

On 1/7/2018 at 6:41 AM, Ulysses G. said:

Woes? The man is kicking butts and taking names. Passing important bills, great new judges, crushing ISIS and faith in the economy is WAY up.

 

WASHINGTON, D.C. -- Americans' views of the U.S. economy were positive on balance in 2017, with Gallup's U.S. Economic Confidence Index averaging +6 for the year. This was a 16-point increase from -10 in 2016 and is the index's first positive annual average since Gallup began daily tracking of this measure in 2008.

http://news.gallup.com/poll/224822/americans-economic-confidence-positive-2017.aspx?g_source=ECONOMY&g_medium=topic&g_campaign=tiles

 

I find it hilarious that when these same polls reported on Obamas performance, Tump and Trump supporter call these data fake and made up. When they reported on Trumps performance, its no longer fake! 

 

Did you not see how these same charts were under Obama's administration? Off the charts! Oh did you forget majority of Trumps policies are not even in effect yet? so how can it be Trumps credit? Did you not see how many seats are still left empty? 

 

One thing I will give you is that, Trumps "Make America Great" slogan is boosting morale.  Yes we need to bring jobs back to the US, but some jobs can never be brought back. Trump and his family should practice what they preach too! Shame on them for manufacturing majority of their stuff overseas.

I am not sure Prayut will like Trump's trade policy when he gets around to revising it. His last visit to Asia was a prelude that the current trade deficits are not acceptable and all the restriction and tariffs put on US goods. Looks like Prayut is not going anywhere this or next year so he will have to deal with Thailand's largest export partner. 

 

Last month a rich Thai bought a Tesla X for 5 million baht but the import tax was another 7.5 million so 12.5 total. Importing a Harley would face the about the same tax, not acceptable considering how big the auto exports are from here. 

 

Unless Thailand captures another Russian arms dealer there is not much strategic importance here for the US, especially since elections promises keep being broken.

On 1/6/2018 at 11:13 PM, RPCVguy said:

Really? Looking at a wider range of poll questions/ responses the consensus is not favorable to the man (#45) Take a look. Read for yourself at:

http://www.pollingreport.com/trump_ad.htm

The one link includes results for multiple questions in the following polls:

Quinnipiac University Poll. Dec. 13-18, 2017. N=1,230 registered voters nationwide. Margin of error ± 3.3
CNN Poll conducted by SSRS. Dec. 14-17, 2017. N=1,001 adults nationwide. Margin of error ± 3.6
NBC News/Wall Street Journal Poll conducted by Hart Research Associates (D) and Public Opinion Strategies
          (R). Dec. 13-15, 2017. N=900 adults nationwide. Margin of error ± 3.3
Quinnipiac University Poll. Dec. 6-11, 2017. N=1,211 registered voters nationwide. Margin of error ± 3.5
Marist Poll. Dec. 4-7, 2017. N=1,267 adults nationwide. Margin of error ± 2.8
CBS News Poll. Dec. 3-5, 2017. N=1,120 adults nationwide. Margin of error ± 4
Quinnipiac University. Nov. 29-Dec. 4, 2017. N=1,508 registered voters nationwide. Margin of error ± 3.1
Quinnipiac University Poll. Nov. 29-Dec. 4, 2017. N=1,747 adults nationwide. Margin of error ± 2.8

... and more, the above is only about half the list.

Don't forget about polls like these.  

https://projects.fivethirtyeight.com/2016-election-forecast/

I wonder what would happen if someone wrote a book about little p like this and published it here?