Thai Baht Set to Weaken as US Tariff Tensions Escalate

[Nairbem]

This is only the start , if & when Donnie hits the land of smiles with 10-25% tariff on the 45 billion trade imbalance things will get very interesting.  

[Nairbem]

This is only the start , if & when Donnie hits the land of smiles with 10-25% tariff on the 45 billion trade imbalance things will get very interesting.  

[Nairbem]

This is only the start , if & when Donnie hits the land of smiles with 10-25% tariff on the 45 billion trade imbalance things will get very interesting.  

[CallumWK]

In case nobody noticed. There was a similar topic in December 2024, stating that the Baht would weaken to over 35 baht against the USD.

The baht has only strengthened since that topic.

Yesterday new topic claiming the same, although they were wrong first time, and the baht has again only strengthened since.

[Schoggibueb]

I'm really no financial expert. But who pays the higher tariffs? It will be the people in the US, not the Thais, Chinese or ...

Let's say that the exports from Thailand will drop by 10%. Will that influence the THB? And if so - for sure not 10%.

 

So the looser are the people of USA. But I don't really feel sorry for them. They choosed him, so they have to stick with it - nothing unfair.

[Harrisfan]

1 minute ago, Schoggibueb said:

I'm really no financial expert. But who pays the higher tariffs? It will be the people in the US, not the Thais, Chinese or ...

Let's say that the exports from Thailand will drop by 10%. Will that influence the THB? And if so - for sure not 10%.

 

So the looser are the people of USA. But I don't really feel sorry for them. They choosed him, so they have to stick with it - nothing unfair.

Not if they buy different goods which is the point of tariffs to change purchasing behaviour.

[KireB]

On 2/13/2025 at 7:52 AM, lordgrinz said:

Again, unless it reaches 37-38 to USD, then its not even worth thinking about.....the baht is still too expensive, due mainly to manipulation.

Manipulation? How so? Care to explain how that works?

[digger70]

Thai Baht Set to Weaken as US Tariff Tensions Escalate.

 

Nah, All speculation Nothing much is going to change . 

[farangkinok]

7 hours ago, Nairbem said:

This is only the start , if & when Donnie hits the land of smiles with 10-25% tariff on the 45 billion trade imbalance things will get very interesting.  

Now, you're supposed to say, "But then, I'm just repeating myself."

[CallumWK]

1 hour ago, Harrisfan said:

Not if they buy different goods which is the point of tariffs to change purchasing behaviour.

 

So what they gonna replace steel appliances with?

[Schoggibueb]

2 hours ago, Harrisfan said:

Not if they buy different goods which is the point of tariffs to change purchasing behaviour.

Emmm, what exactly does USA produce at a equal or better quality/price that could be imported to Thailand?

Thats the biggest problem of USA. Except weapons and "IT" absolutley nothing.

[Isaan sailor]

If the baht continues its decline and breaks through the resistance threshold of 34-34.10 per dollar, it might challenge the 34.20 zone next," he suggested.       
 

Well, that didn’t age well…

[SingAPorn]

Any falang paying more then 1000 THB for a massage with happy end and a few lille extras, is a fool.

[SingAPorn]

The proper rate must be that any foreigner giving 1 euro at the exchange counter in Thailand, must get at least 40 Thai Bhat. Nothing less. 🙏..if not exports and the economy will badly suffer with a Bhat that is to strong. A strong bhat is only good for the hi-so and those wanting to sneak out their billions from Thailand to some Swiss Bank hidden in a Swiss scenic village.

[stevenl]

10 hours ago, CallumWK said:

In case nobody noticed. There was a similar topic in December 2024, stating that the Baht would weaken to over 35 baht against the USD.

The baht has only strengthened since that topic.

Yesterday new topic claiming the same, although they were wrong first time, and the baht has again only strengthened since.

Since 3 days strong decline in thai baht vs euro.

[Schoggibueb]

6 minutes ago, SingAPorn said:

The proper rate must be that any foreigner giving 1 euro at the exchange counter in Thailand, must get at least 40 Thai Bhat. Nothing less. 🙏..if not exports and the economy will badly suffer with a Bhat that is to strong. A strong bhat is only good for the hi-so and those wanting to sneak out their billions from Thailand to some Swiss Bank hidden in a Swiss scenic village.

Switzerland has meanwhile stricter regulations than lots of other countries.

 

Your imagination of "swiss banking thinking from the 1980s".

Above of 10'000CHF, regardless if swiss, foreinger, rich or poor HAS to be declared and clearly documented from where the money comes from.

Most of the banks in Switzerland don't accept any accounts from people outside of the EU.

 

The movie industry still loves to use this stereotype. But thats not the reality.

 

 

 

[CallumWK]

6 minutes ago, stevenl said:

Since 3 days strong decline in thai baht vs euro.

 

But this topic is about the USD, and while the Euro has a little improved over the week, it still is 0.66% lower compared to 1 month ago and almost 9% weaker year-on-year