The US-China trade war will likely cause heavy drag on Thai exports in 2019. The value of Thai exports is forecast to fall by as much as $5.62 billion if the last scenario eventuates. Exports to China expected to fall next year include computers and electronics, chemicals, rubber and plastics, wood and wooden products, farm products, food, beverages, and tobacco. "The trade war is forecast to shave 0.1-0.5% off global GDP growth, which China will be the most affected by, followed by the US, the EU, Japan and South Korea." "The trade war will expedite FDI from China," Mr Aat said.

Source: Bangkok Post December 20, 2018 21:45 UTC