Allianz Group revealed an analysis of the global economy after Trump's policy 'pointed out' that the global economy is facing intense pressure after US leader Donald Trump announced the use of reciprocal tariffs, aiming to increase import tariffs on Chinese goods by up to 130%, a level not seen since the 1890s. Such a move immediately caused international trade costs to surge, especially in the automotive, manufacturing and electronics industries. The US also signaled that it would impose additional tariffs on other countries, such as Southeast Asian countries, Mexico and Eastern Europe, leading to widespread economic uncertainty around the world, causing central banks and investors to start reassessing risks.
Mr.Tomas Willson , CEO of Allianz Group revealed that Thailand is expected to be moderately affected by the US-China trade war, with GDP forecasts revised down to 2.2% in 2025 and 2.1% in 2026 from 2.5% in 2024. Thailand is classified as a medium-risk country,
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