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Thursday, November 29, 2018

Do Thailand and Vietnam really benefit from the US-China trade war?

https://www.channelnewsasia.com/news/business/supply-chain-reaction-trade-war-refugees-race-to-relocate-to-10979152

When a country becomes a manufacturing hub, it will start to export a lot more than before and also cause it to have a huge trade surplus with the USA.  Thereafter, it will be in the same situation as China now because the USA will start to target the export-oriented manufacturing country.

Thailand and Vietnam are not as big as China and don't have the same prowess to defend themselves against the USA.  In the end, Thailand and Vietnam will bow to the USA and sign unfair trade agreements with the USA.  This is the USA's mentality - I can export to you but you cannot export to me.

Good luck to Thailand and Vietnam in the future!

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