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The Thai baht rose for seven straight sessions, about 2.5%, tracking the yuan and gold after Trump did not impose new tariffs on Chinese goods on his first day in office. A MUFG strategist linked the gain to these factors.
Trump still said a 10% tariff on Chinese imports remained a threat.
Tariff threats on China affect its import demand for US and other agricultural goods. A baht rally on the tariff pause is a currency effect with little direct feed price impact.
en.moneyandbanking.co.thbank financeJan 22, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
