BANGKOK — U.S. tariffs and the next flood of diverted merchandise into Thailand are more likely to injury totally different industries in Southeast Asia’s second largest financial system, presumably leaving deep scars, warned Financial institution of Thailand Gov. Sethaput Suthiwartnarueput in an unique interview.
His cautionary phrases resonate throughout Asia, because the tariffs carried out by U.S. President Donald Trump start to have an effect on the true financial system after wreaking havoc on monetary markets over the previous couple of months.