Post by account_disabled on Jan 1, 2024 18:52:32 GMT -12
Because there is a chance that there will be big fluctuations. The protracted period can be viewed in two cases. The first case is before the US presidential election. which cannot see any conclusions at this time The uncertainty is in fact Donald Trump just wants China to cooperate with the United States in doing big business with China. Because in the past, China has a policy to support the small and medium-sized business sector in the country to grow. It creates strength for the domestic economy. which China has a large economy It is the main competitor of the United States. Case 2: After the United States presidential election. which is still uncertain and unable to judge Over the next 12 months, countries will continue to be affected by the uncertainty of the trade war.
This leads to fluctuations in trade and currency values in Country Email List many countries. “What is most notable is China's response. When considering Donald Trump's side, it was found that Trump is quite focused on supporting the stock market situation in the United States. That's because the balance of export trade to China is only about $1 billion, while imports are as high as $5 billion - $6 billion. Retaliation from China Therefore, it is unlikely to be a trade response. But being a large country have many assets The stock market may be China's way to get back at it. There is a high possibility that China will sell its shares on the American stock exchange. When stock prices plummet It will lead to the problem of laying off employees. causing a lot of unemployment This may be the trigger that will lead to a global economic crisis.”
Jimmy Su also added that The results of the trade war affecting every region. Especially countries in Southeast Asia. Thailand, which has been affected, must prepare to deal with it. Because if China encounters a tariff wall of 25%, that means that it will affect China's GDP by 0.9% and that 0.9% decrease will affect the GPD of other countries in Southeast Asia by 0.4% and China has a large economy, so we closely follow the Chinese manufacturing sector index, which is an indicator that affects investment in Thailand. Because the growth of the world economy is in a depressed state. Meanwhile, the growth rate of domestic consumption is quite slow. Compared to the size and population of the country Meanwhile, the Bank of Thailand may not be able to reduce interest rates.
This leads to fluctuations in trade and currency values in Country Email List many countries. “What is most notable is China's response. When considering Donald Trump's side, it was found that Trump is quite focused on supporting the stock market situation in the United States. That's because the balance of export trade to China is only about $1 billion, while imports are as high as $5 billion - $6 billion. Retaliation from China Therefore, it is unlikely to be a trade response. But being a large country have many assets The stock market may be China's way to get back at it. There is a high possibility that China will sell its shares on the American stock exchange. When stock prices plummet It will lead to the problem of laying off employees. causing a lot of unemployment This may be the trigger that will lead to a global economic crisis.”
Jimmy Su also added that The results of the trade war affecting every region. Especially countries in Southeast Asia. Thailand, which has been affected, must prepare to deal with it. Because if China encounters a tariff wall of 25%, that means that it will affect China's GDP by 0.9% and that 0.9% decrease will affect the GPD of other countries in Southeast Asia by 0.4% and China has a large economy, so we closely follow the Chinese manufacturing sector index, which is an indicator that affects investment in Thailand. Because the growth of the world economy is in a depressed state. Meanwhile, the growth rate of domestic consumption is quite slow. Compared to the size and population of the country Meanwhile, the Bank of Thailand may not be able to reduce interest rates.