US-China trade to affect Thailand slightly

By Thai PBS

 

 

Thailand will be slightly affected by the growing US-China trade conflicts, the Ministry of Commerce assured yesterday.

 

The ministry’s Trade Policy and Strategy Office director-general Pimchanok Vonkorpon assured of the minimal impact from the trade spat between the US and China after the assessment of the dispute.

 

But she said that although the impact would be slight, Thailand should urgently find new markets for risk diversification.

 

Full story: http://englishnews.thaipbs.or.th/us-china-trade-affect-thailand-slightly/

 

-- © Copyright Thai PBS 2018-06-20

8 hours ago, webfact said:

although the impact would be slight, Thailand should

PANIC

8 hours ago, webfact said:

urgently find new markets for risk diversification.

2018-03-24

Earlier warnings from a US-China trade war by independent Thai economists:

http://www.nationmultimedia.com/detail/business/30341617

• “Thailand’s exports would also be adversely impacted and our export target of 8 per cent growth this year may not be met,”
• "the trade dispute may lead to slower growth of the global economy and it would impact Thailand’s exports. He said exports may grow only 5-6 per cent instead of the targeted eight per cent set by the Commerce Ministry." 
• some Thai items might be adversely affected as they are involved in China’s production: phone parts, computer parts, integrated circuits and hard-disk drives.