The influx of low-priced goods from China has a far more severe impact than US tariffs on Thai products, notes an analyst. In terms of direct effects, it can almost be ignored," said Mr Somkiat. Mr Somkiat said the more damaging factor for Thailand is the influx of Chinese goods into the domestic market, which was a problem before tariffs were introduced. Thailand must ensure the US does not view it as a transit base for Chinese goods destined for the American market, said Mr Somkiat. Without adaptation, such as amending laws that pose structural obstacles, Thailand's economy will be unable to recover, said Mr Somkiat.
