Americans ‘will keep investing’

“The US has some limitations such as high cost of labour and limited supply chains in many industries such as clothing, footwear and electronics. So Americans will continue investing and will expand their businesses in Thailand and the Asean region,” she said.
After discussions with some US companies during the recent meeting of the World Economic Forum |in Davos, Switzerland, she said US multinationals had insisted they would maintain a presence in Thailand and Asean.
They consider the region one of their important production bases to supply the US market and other countries.
The “America First” or “Buy American” movement should not dent Thai trade, Apiradi said. This bias would only be effective if the US had complete supply chains and no need to import products, which is quite difficult.
Trump has also announced clearly the policy to leave the Trans-Pacific Partnership, but that would work in Thailand’s favour, as the Kingdom has not yet joined the TPP. 
Thailand will try to open trade opportunities with the US as well as other countries through other trade pacts and under strategic partnerships, she said.
The US accounts for 11 per cent of Thailand’s total exports by value.