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US tariffs set to dent foreign investment
Nareerat Wiriyapong, Published on 29/04/2025
» Foreign direct investment (FDI), especially investment coming from China, is expected to be hard hit by America's reciprocal tariff policy, says a unit of China Galaxy Securities (CGS), a state-owned brokerage, which noted that the steep US tariff would dent Thai GDP by about 1% this year.
Analysts estimate widespread tariff damage
Business, Nareerat Wiriyapong, Published on 04/04/2025
» Stock market analysts anticipate the US reciprocal tariff, which was higher than market estimates, could reduce Thai GDP by up to 1.2 percentage points, though a severe impact may prompt the Bank of Thailand cut interest rates to revitalise the economy.