Thailand faces hit from US-China trade war

Global tensions likely to affect Thai trade

- NAREERAT WIRIYAPONG

Economists are voicing concerns over escalating tension between the US and China, saying Thailand cannot avoid the indirect repercussions of global trade uncertainty that could strain the country's export and supply chain.

Nattawat Onratn, senior executive vice-president at CGS-CIMB Securities, said the ongoing trade war could last for a year, especially if the US and China cannot compromise on their stances.

“The biggest issue is that nobody knows what President Donald Trump really wants and countries that have already discussed with the US about the reciprocal tariff, including Japan, haven't got anything substantial from their talks,” he said.