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US-China trade conflict has no serious impact on Thailand 

Written by Thailand News

As trade dispute between the United States and China is escalating, the state and the private sectors saw this would not have serious impact on Thai exports.

The Thai National Shippers’ Council said  that the US-China trade dispute could have both positive and negative impact on Thailand.

TNSC president Ms Kanyapak Tantipipatping  said in positive aspect, the United States and China may import more goods from other countries instead to replace  the higher priced goods.

This could encourage Thailand to export more goods to the two countries, she said.

 On the other hand, the United States and China will seek the replacement of their export markets which could see more products from the US and China flowing into ASEAN markets.

This would result in rife competition and therefore Thai exporters should monitor and evaluate the impact from the trade disputes, she added.

Meanwhile director-general at Trade Policy and Strategy Office Ms Pimchanok Vonkorpon said in short term, the trade dispute should not have serious negative direct impact on Thailand at the moment.

However, she said that Thailand should closely monitor the situation if there are additional measures imposed that may affect Thailand.

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