Economics

Trade War Is Now the Biggest Economic Risk for Thailand

  • Bank of Thailand’s Don says external shock may harm economy
  • Capital outflows would help restrain currency, Don also says
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President Donald Trump’s trade policy has Thailand worried.

Trade and geopolitics are the key risks for Southeast Asia’s second-largest economy, Bank of Thailand Senior Director Don Nakornthab said in an interview Tuesday in Bangkok. Exports of goods and services account for about 70 percent of Thai gross domestic product.