Post by account_disabled on Dec 30, 2023 5:13:41 GMT
Signs of the trade war between China and the United States are improving as some agreements are reached. It has a positive effect on the economy. World trade and financial markets as a whole It is expected that the world GDP and the world trade system will expand further next year. Investment in the global financial market has become more active. The stock market has become more interesting and will likely continue to increase at the end of the year to the beginning of next year. It has a positive effect on the Thai economy. Export sector and tourism sector as a whole Meanwhile, Brexit negotiations became clearer after the election results were known. Reduce uncertainty from the impact of Brexit to a certain extent. If the second phase of negotiations can achieve the goal by the middle of next year. It will result in the world trade system and the world economy returning to normal expansion. Reducing U.S. tariffs on imports from China This may cause Thailand to receive less benefit from trade diversion because more Chinese products will return to the US market, as well as having some impact on the prices of some agricultural products because China must increase purchases of agricultural products. more from the US The relocation of some investment bases.
Covers mobile phone products laptop computer Video game consoles, televisions, radios, computer monitors and other consumer products such as watches, toys, shoes and clothing. 2. Reduce product taxes on 120 billion dollars to a rate of 7.5% (from 15% and already effective on 1 September 2019). This will Still 25% tariff on $250 billion worth of goods While China agreed on the issues: 1. Increased purchases of goods and services from the United States. worth not less than 200 billion dollars in 2 years, with China emphasizing that Must be consistent with market needs and in accordance with agreements under WTO. 2. Liberalize the service sector, including liberalization of finance, banking, insurance, and securities. o continue negotiations on the second phase of the WhatsApp Number List agreement. If the second phase of negotiations can achieve the goal by the middle of next year. It will result in the world trade system and economy entering a normal expansion. In the past The United States imports frozen and processed seafood products. Processed food and beverages, textiles, clothing and shoes decorations and cosmetics and living things/components of living things, while reducing tariffs on imports from China by the United States. This may cause Thailand to receive less benefit from trade diversion because more Chinese products will return to the US market. As for Thai export products that have been good substitutes for Chinese products in the past due to the increase in import taxes.
Importing products from China includes agricultural products. Frozen and processed seafood Chemicals and plastic pellets Steel and aluminum and household and office items may be affected to some extent. But the expansion of global exports will improve and overall exports to the US and China will increase due to higher growth next year. The Brexit negotiations became clearer after the election results were known. Reduce uncertainty from the impact of Brexit to a certain extent. Thailand should proactively prepare to negotiate an FTA with the United Kingdom along with negotiating an FTA with the EU. Any agreement must be based on a negotiated agreement with information and research. To make the preparation of the FTA beneficial to the overall economy of the country. Next year's trend External factors will be more positive. But internal factors, especially political risks arising from not adhering to the rule of law and the rule of law, may have a destabilizing effect on the confidence of the investment sector and cause conflict and political crisis. These negative impacts will offset the positive factors from signs of global trade recovery and cause Thailand to lose opportunities from the global economic recovery. Dr. Anusorn Thamjai also said that some investment bases will be moved to
Covers mobile phone products laptop computer Video game consoles, televisions, radios, computer monitors and other consumer products such as watches, toys, shoes and clothing. 2. Reduce product taxes on 120 billion dollars to a rate of 7.5% (from 15% and already effective on 1 September 2019). This will Still 25% tariff on $250 billion worth of goods While China agreed on the issues: 1. Increased purchases of goods and services from the United States. worth not less than 200 billion dollars in 2 years, with China emphasizing that Must be consistent with market needs and in accordance with agreements under WTO. 2. Liberalize the service sector, including liberalization of finance, banking, insurance, and securities. o continue negotiations on the second phase of the WhatsApp Number List agreement. If the second phase of negotiations can achieve the goal by the middle of next year. It will result in the world trade system and economy entering a normal expansion. In the past The United States imports frozen and processed seafood products. Processed food and beverages, textiles, clothing and shoes decorations and cosmetics and living things/components of living things, while reducing tariffs on imports from China by the United States. This may cause Thailand to receive less benefit from trade diversion because more Chinese products will return to the US market. As for Thai export products that have been good substitutes for Chinese products in the past due to the increase in import taxes.
Importing products from China includes agricultural products. Frozen and processed seafood Chemicals and plastic pellets Steel and aluminum and household and office items may be affected to some extent. But the expansion of global exports will improve and overall exports to the US and China will increase due to higher growth next year. The Brexit negotiations became clearer after the election results were known. Reduce uncertainty from the impact of Brexit to a certain extent. Thailand should proactively prepare to negotiate an FTA with the United Kingdom along with negotiating an FTA with the EU. Any agreement must be based on a negotiated agreement with information and research. To make the preparation of the FTA beneficial to the overall economy of the country. Next year's trend External factors will be more positive. But internal factors, especially political risks arising from not adhering to the rule of law and the rule of law, may have a destabilizing effect on the confidence of the investment sector and cause conflict and political crisis. These negative impacts will offset the positive factors from signs of global trade recovery and cause Thailand to lose opportunities from the global economic recovery. Dr. Anusorn Thamjai also said that some investment bases will be moved to