Bangkok: While the tariff war caused by Donald Trump's policies is being responded to by many regions around the world, including China, the European Union, and many countries in the region, they have to adjust themselves to negotiate trade with the United States. In the end, we don't know how it will end and how much it will affect the Thai economy. Let's listen to the opinion of Assoc. Prof. Dr. Thanawat Polvichai, Chairman of the Advisory Board of the Economic and Business Forecasting Center and President of the University of the Thai Chamber of Commerce.
According to Thai News Agency, the ongoing global tariff war initiated by the United States under the policies of Donald Trump has led to significant adjustments in trade negotiations by various regions, including China and the European Union. These geopolitical tensions are causing uncertainty in the global economic landscape, and their potential impact on the Thai economy remains unclear.
Assoc. Prof. Dr. Thanawat Polvichai expressed concerns over the unpredictable outcome of these global trade negotiations and their possible repercussions on Thailand's economic stability. As countries worldwide adjust their trade strategies to align with the evolving policies of the United States, the ripple effects could influence Thailand's economic operations and future trade agreements.
The ongoing situation necessitates careful monitoring of the global economic environment as Thailand navigates its trade relationships amid the broader context of international tariff disputes. Thailand's economic stakeholders are urged to stay informed and prepared for potential shifts that could arise from these global economic challenges.