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US tariffs could flood Thai market with cheap Chinese goods


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Posted
1 hour ago, hotchilli said:

If Thailand becomes a transfer hub for Chinese goods and gets caught out... then beware the wrath of Trump.

Yes tarriffs , the soner the better , let's tank the THB.

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Posted

People have a choice of whether to buy cheap goods. If they do, they cannot blame anyone for the quality. If Thais were as well-off as those in the West, they probably would prefer higher quality. Even now, those who are wealthy pay more than the poor for their goods. 

 

The main issue is that the West cannot compete with the Chinese.

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Posted

Former Deputy Prime Minister Surakiart Sathirathai:

Well, on this matter at least, I believe this fellow has his head on straight.  In part he is warning against becoming so imbedded with China that the Thai gov't fails to see the long-term nefarious intentions of & blackmail by the CCP.

 

Will Thai decision makers have the smarts & nerve to back out of the CCP submarine deal?

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Posted
3 hours ago, hotchilli said:

beware the wrath of Trump.

Trump's war of tariffs relate to export sales to the US. He's hardly aware of international trade between other countries and their trade balances.

He (incorrectly) focuses on any country with a trade surplus on export of goods (although includes services that he seems unaware) compared to US export value. Such as Thailand's current situation. He also seems unaware that the US needs massive imports to satisfy 350 million people compared to far lower populations of many exporting nations to the US. Trump imposing tariffs on imports most often will have little effect on the trade balance.

More beware of Trump's inability to learn and his arrogance that only he knows how to fix everything imagined in his narrow intelligence.

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Posted
21 minutes ago, Srikcir said:

It's optional to purchase. Research vs guess.

I would rather buy Thai made stuff rather than Chinese, but I cannot always find what I am looking for in Thai made stuff.

 

I cannot remember the last time I bought anything from the USA, so Trump's tariffs have no effect on me.

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Posted
34 minutes ago, Srikcir said:

Trump's war of tariffs relate to export sales to the US. He's hardly aware of international trade between other countries and their trade balances.

He (incorrectly) focuses on any country with a trade surplus on export of goods (although includes services that he seems unaware) compared to US export value. Such as Thailand's current situation. He also seems unaware that the US needs massive imports to satisfy 350 million people compared to far lower populations of many exporting nations to the US. Trump imposing tariffs on imports most often will have little effect on the trade balance.

But as we have seen, the threat of tariffs seems to bring some people to the negotiating table rather swiftly and talk about how FTA's should work.

If China uses Thailand as a hub so that Chinese goods appear to come from here then good luck on Thailand having talks about trade.

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Posted
17 hours ago, hotchilli said:

But as we have seen, the threat of tariffs seems to bring some people to the negotiating table rather swiftly

Not true with either Canada and Mexico that offered mostly actions already planned during Biden administration. Canada's new proposal to create a fentanyl drug czar is further meaningless when only 1% of fentanyl comes through US-Canada border. And that's likely a direct result of US demand in its northern states such as North Dakota. Notice that Trump offers nothing to reduce fentanyl addiction in the US.

17 hours ago, hotchilli said:

talk about how FTA's should work

Not sure what you mean but threat of tariffs when Trump had negotiated previously the USMC trade agreement during his first POTUS term is not allowed under WTO that is a legal international court that oversees alleged abuses of FTA's. In fact WTO has already ruled the US is in violation of the USMC trade agreement with Trump's threat of tariffs.

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