Pundit says China to gain from tariff move

US President Donald Trump's tariff policy is likely to make China even stronger and clarify the trend in manufacturing base relocations from China to other countries, including Thailand, says Sompop Manarungsan, president of the Panyapiwat Institute of Management.

- WICHIT CHANTANUSORNSIRI

The specialist on the Chinese and US economies warned the Thai government not to rush into agreements with the US, urging a thorough consideration of the broader impact.

According to Mr Sompop, curbing China is one of Trump's goals, but his main objective is to bring an industrial manufacturing base back to the US, using re-shoring and on-shoring policies.