Friday, December 06, 2019

Thai exports feel the pinch of US-China trade war

Jul 01. 2019
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By The Nation

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The ongoing trade war between the US and China has had an impact on Thai exports worth up to US$2.1 billion this year alone, according to research by Kasikorn Research Centre released on Friday.

The research said that if the negotiations between USA and China were unable to put a stop to a proposed increase in tariffs on a further US$300 billion of good, the impact to Thailand exports would reach US$3.1 billion in 2019. 

This would also impact the country's exports going into 2020, the research said.

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