Thailand gets ready for trade with US in Biden era

[webfact]

Thailand gets ready for trade with US in Biden era

By The Nation

 

 

The Commerce Ministry is getting ready to deal with the United States in the terms of trade under president-elect Joe Biden.

 

Commerce Minister Jurin Laksanawisit said on Monday that his ministry and the private sector have closely monitored the presidential elections, given that the US was Thailand’s fourth largest trading partner last year after Asean, China and Japan.

 

Thailand-US trade stood at Bt1.16 trillion in the first nine months of this year. Thailand’s export to the US stood at Bt790 billion during that period, or 14.7 per cent of total export.

 

Jurin added that the Biden presidency would ease but not end tensions in the US-China trade war. The US Generalised System of Preferences would also be more generous under Biden, he said.

 

Jurin said Biden is expected to place importance to trade negotiations via multilateral talks through international bodies such as the World Trade Organisation. The president-elect is also expected to use conditions such as the environment, labour and intellectual property as bargaining chips in trade talks.

 

He said Thailand will work closely with other Asean members to boost the region’s bargaining power when negotiating with the US. He added that if the US-China trade war eases under Biden, it will also have a benefit on Thailand.

 

Source: https://www.nationthailand.com/business/30397630

 

-- © Copyright The Nation Thailand 2020-11-10

 

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[sammieuk1]

Let's hope JB doesn't miss anything like massive taxes on imports or any odd going on in the currency market ????

[nev]

He is not the president he is the president elect, Until he is sworn in no country should be talking about deals right now.

[mark131v]

Nah,  Thailand has very little to bargain with, they're a less then democratic country that bears a strong resemblance to a military dictatorship. Much easier to deal with other more stable countries...

[thailand49]

Its going back to the past Era of being taken advantage and that is whether people like Trump or not. If history is any indication it doesn't predict the future but it sure gives you a pretty good look at what is expected. Expect his son to tag along each step!????

[Asquith Production]

3 hours ago, mark131v said:

Nah,  Thailand has very little to bargain with, they're a less then democratic country that bears a strong resemblance to a military dictatorship. Much easier to deal with other more stable countries...

Do you think the U.S care about that?

[brain150]

4 hours ago, nev said:

He is not the president he is the president elect, Until he is sworn in no country should be talking about deals right now.

Who made him President elect ? ... CNN ? MSNBC ?

 

Officially he is nothing !!!

 

I am waiting for him to go to jail !

... and hopefully the Thai Government and many other Governments and Media Outlets follow in his steps 

[VMOMMO]

Five million more Americans voting for him and winning the electoral college as well made him President Elect. 

[GeorgeEboy]

6 hours ago, sammieuk1 said:

Let's hope JB doesn't miss anything like massive taxes on imports or any odd going on in the currency market ????

You mean like Trump’s tariffs. Sorry, vow never too mention his name here again.

[BigStar]

1 hour ago, VMOMMO said:

Five million more Americans voting for him and winning the electoral college as well made him President Elect. 

Whoops.

 

Can anybody say “259?” Last time I checked, 259 is less than 270.

     --Real Clear Politics puts Pennsylvania back in play, calls it ‘too close to call’

 

[Surelynot]

They'll be ahead of the UK that's for sure.....don't recall the Thais being stupid enough to slag off Obama, Clinton and the Democrats.

[hotchilli]

7 hours ago, webfact said:

The US Generalised System of Preferences would also be more generous under Biden, he said.

If Biden decides to implement them or investigate why they were stopped.

Thailand hopes Biden is an idiot and doesn't understand Thailand is playing games with the trade contracts.

[reptile91602]

Make america rake again!!!

 

[wwest5829]

7 hours ago, nev said:

He is not the president he is the president elect, Until he is sworn in no country should be talking about deals right now.

Hmmm, thinking they can talk about possibilities but agree that there will be no agreements signed until after January 20 when the President Elect will be the 46th President of the USA.

[Isaan sailor]

What kind of deals will Thailand offer the USA?  The USD falls daily vs the Baht.  Methinks USA will begin exporting more to Thailand.

[trainman34014]

This calls for several 'Commitee's' and 'Panels' to probe these matters; all of course manned by Family and 'Friends' of those who are already filthy rich !

[fruitman]

So Thailand is supporting his fraudulent tricks to win the elections....that's noted but no surprise. 

[johnnysunshine]

Trump will be President once they clean up the voting fraud and Biden will go to jail soon enough for treason to the USA.

[metisdead]

A post using trolling representations of Joe Biden's name has been removed.