US Tariff Pressures Deepen Economic Challenges for Thai Economy
The potential hike in US tariffs on goods imports from Thailand is expected to have a limited direct impact on rated issuers, with fewer than 5% exposed to the affected product categories. Nonetheless, the broader economic context —marked by subdued domestic consumption, sluggish private investment, and weaker external sentiment —continues to weigh heavily on credit quality, especially over the short to medium term.
