Thai exports could benefit, face risks from Trump policies

[webfact]

Thai exports could benefit, face risks from Trump policies
By Petchanet Pratruangkrai
The Nation

 

BANGKOK: -- US President Donald Trump’s trade policies could result in both positive impacts and risks for Thai exporters, who should hedge the exchange rate to protect themselves from uncertainty, according to a study by the Commerce Ministry’s Trade Policy and Strategy Office.

 

Pimchanok Vonkorpon, director-general of the office, said one positive indication was Trump’s clear announcement that the United States will leave the Trans-Pacific Partnership, of which Thailand is not a signatory, while Thai export competitiveness could improve if the Chinese yuan strengthens.

 

“The new US trade policy is not clear yet. However, according to a preliminary analysis, Trump’s new policy will create both advantages and challenges for Thai trade. To prepare for unexpected results, Thai exporters should hedge in order to assure their income,” Pimchanok said.

 

Full story: http://www.nationmultimedia.com/news/business/EconomyAndTourism/30304817

 

-- © Copyright The Nation 2017-01-25

[Inepto Cracy]

Good grief. Is this man living with his head or is he still sucking his thumb???

Thailand is going to get its butt whipped over human rights abuses and other serious stuff.

Dont wake up thailand, the normal world loves you for the deleted deleted that you are.

Without Pattaya, where we gonna find easy kitty???? 555.

Your country for only 1 thing...... you hamsum man with beeg c...., rooster.

Welcome this year, year of the Fire Rooster or in western circles.... the Burning Cock.

[Srikcir]

7 hours ago, webfact said:

while Thai export competitiveness could improve if the Chinese yuan strengthens.

Or further depress the yuan if Trump decides on a trade war with China and kill Thai exports to China.

The bottom line is no one can plan for Trump's foreign economic policies until they are implemented.