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Trump has signed a new executive order, to get a report on identifying USA trade deficits and then he plans to take action to balance the trade. US exports to Thailand last year were worth $10.57 billion and imports totaled $29.49 billion, resulting in a trade deficit of $18.92 billion. Looks like Thailand will on the hit list.

 

The executive order can be found here:

https://www.whitehouse.gov/the-press-office/2017/03/31/presidential-executive-order-regarding-omnibus-report-significant-trade

 

I wonder how this action will affect THB USD exchange rates?

 

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