Thailand could gain from US tariffs on China


Thailand is expected to gain if the US imposes tariffs of up to 25% on an additional list of Chinese imports worth US$300bn, according to a study by the country’s Ministry of Commerce planning unit (reports the Bangkok Post).

Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said a fresh round of US tariff increases on Chinese goods will cover mostly daily-use products, food, utensils, garments, shoes and ornaments, which are not a part of the supply chain of Chinese exports to the US.

For the full story, see the July 2019 edition of Textiles South East Asia. Not a subscriber? Sign up HERE